JAMB Accounting 2019 Objective — Question 18

Question 18 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2019 Objective paper, with the correct answer and a full explanation.

Verifiability in accounting is only possible when there are

A. minutes of meetings
B. payment vouchers
C. source documentsCorrect
D. audit certificates

Explanation

Source documents are used to verify that transactions actually occurred, supporting the verifiability of accounting records.

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