The process of vouching helps establish which of the following regarding recorded transactions?
A)Transactions have been recorded.
B)Transactions are complete.
C)Transactions are valid.
D)Transactions are presented properly.

Question

Quizplus · Accepted Answer

Vouching is the process of examining supporting documents to establish the validity of recorded transactions. Therefore, vouching helps establish that transactions are valid. It does not necessarily ensure completeness, proper presentation, or simply that transactions have been recorded.

The Process of Vouching Helps Establish Which of the Following