test checking is not at all applicable for
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Answer:
All the transactions need not be checked. There is no hard and fast rule of selecting item for test checking
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Test checking is not at all applicable for the stock journal.
Explanation:
- Test checking is a process in which few transactions from a huge unit of transactions are selected and checked.
- This process can be termed as 'selective verification' or 'sampling process'.
- It is not ideal for small businesses.
- The Stock journal is the process of transacting goods from one location to another. Simply, it refers to the stock adjustments.
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Test checking is not at all applicable for -
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