Question

Vouching is a systematic examination of the books and records of a business

Answer 1

Answer:

Vouching is verification of entries in the books of accounts by attaching relevant bills, debit and credit notes , receipts etc.

There's this accounting concept called "Objectivity concept", which states that the books of accounts should be free from bias of the accountant and should be reliable and this goal can only be achieved when the accountant attach verifiable documents with transactions, in this way, everything will be transparent to all the users of the books of accounts.