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Accounting Principles: Verificabilità

  • Note di Apprendimento
  • Revisione degli argomenti
    Tashika B.
    US
    Tashika B.

    Who structures or makes sure that the accounting principles, such as verifiability, are upand running smoothly and productively.

    BabaJide Martins F.
    TR
    BabaJide Martins F.

    Every transaction must be recorded in case of any occurances particularly finanical aspect of it. In fact proper documentation is necessary in any business genre.

    Yasir Zacharia J.
    SD
    Yasir Zacharia J.

    Verifiability All transactions recorded in the books of the business are supported by documentary evidence. Payments are made and recorded without supporting evidence, such as invoices or cheque butts

    Hermina S.
    LC
    Hermina S.

    This shows that evidence need to be presented to show how the company arrives at a certain result according to the data it has provided.

    Morne V.
    ZA
    Morne V.

    Verifiability All transactions recorded in the books of the business are supported by documentary evidence

    Sunday O.
    NG
    Sunday O.

    every transaction must have a proper documentation

    Odongo M.
    UG
    Odongo M.

    Accounting -> Accounting Principles: Verifiability Verifiability All transactions recorded in the books of the business are supported by documentary evidence. Breach: Payments are made and recorded without supporting evidence, such as invoices or cheque butts.

    Nana Amankwah K.
    GH
    Nana Amankwah K.

    Verifiability is essential in order to do away with fraud and theft

    Manish K.
    NP
    Manish K.

    All the transactions should have evidence so that actual and reliable results can be collected and it can help to make concrete decisions regarding financial matter.

    Davidson Ade O.
    NG
    Davidson Ade O.

    during audit those document can be verified

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