Business Studies, asked by rahulKumara3781, 7 months ago

Which is known as backbone of auditing?

Answers

Answered by vanshikasharma15
3

Answer:

Vouching can be described as the essence or backbone of auditing. ... Vouching is defined as the "verification of entries in the books of account by examination of documentary evidence or vouchers, such as invoices, debit and credit notes, statements, receipts, etc.

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Answered by queensp73
6

Hello !

"Vouching can be described as the essence or backbone of auditing".  Vouching is defined as the "verification of entries in the books of account by examination of documentary evidence or vouchers, such as invoices, debit and credit notes, statements, receipts, etc.

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