Which is known as backbone of auditing?
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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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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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