Which of the following technique is used to ascertain the correctness of debtors balance in books?
A
Observation
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Enquiry
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Computation
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Confirmation
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution
The correct option is D Confirmation Confirmation is a technique to obtain audit evidences. External confirmation - obtaining a written confirmation directly from a third party, such as bank or debtor.