Question

Documentation while developing a software for a Bank is required for ______________.

• A. Auditing
• B. Correction
• C. Editing
• D. All of these

Answer 1

The correct option is A Auditing

Documentation while developing a software for a Bank is required for auditing.

Audit is an independent examination of affairs of an enterprise to confirm that it complies with required laws and regulations. It also helps to improve the accuracy of an organization's records. Bank audit is the process of reviewing financial statements, service and procedures of the bank.