SSC

1196. Verification refers to –

A. Examination of journal & ledger
B. Examination of vouchers related to assets
C. Examining the physical existence & valuation of assets
D. Calculation of valuation of assets
✅ The correct answer is option C.

1198. Vouching implies –

A. Inspection of receipts
B. Examination of vouchers to check authenticity of records
C. Surprise checking of accounting records
D. Examining the various assets
✅ The correct answer is option B.

1200. AAS refers to –

A. Audit evidence
B. Audit Planning
C. Risk assessments &Internal control
D. Knowledge of business
✅ The correct answer is option D.
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