Accounting · Auditing
Match the Auditing Procedures in List-I with their appropriate core meanings in List-II: List-I: A. Vouching, B. Verification, C. Valuation, D. Internal Check List-II: 1. Examination of ownership and existence of assets, 2. Checking documentary evidence, 3. Determining correct value of assets, 4. Division of work among staff
- 1A–1, B–2, C–4, D–3
- 2A–4, B–1, C–3, D–2
- 3A–2, B–3, C–1, D–4
- 4A–2, B–1, C–3, D–4✓
Correct answer
A–2, B–1, C–3, D–4
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