Which of the following is an example of vouching?
A) Trace details of employee paychecks to the payroll journal.
B) Trace inventory purchases from the acquisitions journal to supporting invoices.
C) Trace selected sales invoices to the sales journal.
D) All of the above are examples of vouching.

Question

Quizplus · Accepted Answer

Vouching involves verifying recorded transactions by examining supporting documents. Tracing inventory purchases from the acquisitions journal to supporting invoices is an example of vouching, as it involves checking the recorded purchase against the actual invoice.

Which of the Following Is an Example of Vouching