Question:
Which element of auditing establishes the correspondence of actual facts or details with those represented in accounts?
Which element of auditing establishes the correspondence of actual facts or details with those represented in accounts?
Updated On: Jun 22, 2024
- Vouching
- Valuation
- Internal Check
- Verification
Hide Solution
Verified By Collegedunia
The Correct Option is D
Solution and Explanation
The correct option is (D):Verification
Was this answer helpful?
0
0
Top Questions on Basics of Accounting
- Satish was appointed to look after the dissolution work for which he was allowed a remuneration of ₹ 14,000. He agreed to take over the investment of the book value of ₹ 11,000 towards payment of his full remuneration. (Investments have already been transferred to Realisation A/c) Joumalize.
- CUET (UG) - 2023
- Accountancy
- Basics of Accounting
- Under which system of Branch Accounting, branch account is opened for each branch separately in the books of the head office?
- CUET (PG) - 2023
- Accountancy
- Basics of Accounting
- Which of the following in not a type of flow represented in a channel of distribution?
- CUET (PG) - 2023
- Accountancy
- Basics of Accounting
- Mr. Amit is a charted accountant in practice. His sister's husband holds equity shares in ABC limited. State whether Mr. Amit is qualified or disqualified to be an auditor of ABC limited as per which section of companies Act, 2013?
- CUET (PG) - 2023
- Accountancy
- Basics of Accounting
- It is defined as any paid form of non-personal presentation and promotion of ideas, goods or services by an identified sponsor. What is it?
- CUET (PG) - 2023
- Accountancy
- Basics of Accounting
View More Questions
Questions Asked in CUET PG exam
- Find out the degree of the differential equation \(\frac {d^2t}{ds^2}+(\frac {dt}{ds})^2+2t=0\)
- CUET (PG) - 2023
- Differential Equations
- The surface area of the sphere x2 + y2 + z2 = 9 lying inside the cylinder x2 + y2 = 3y is
- CUET (PG) - 2023
- Surface Area of Cube, Cuboid and Cylinder
- The Ombudsman in a newspaper organisation represents the point of view of the ___.
- CUET (PG) - 2023
- Journalism
- The orthogonal trajectories of the family of curves y = \(ax^3\) is
- The minimum distance of the point (3, 4, 12) from the sphere x2 + y2 + z2 = 1 is
- CUET (PG) - 2023
- Coordinate Geometry
View More Questions