Verification Verification— 1. In arms control, any action, including inspection, detection, and identification, taken to ascertain compliance with agreed measures.
Costly state verification Costly state verification means monitoring a firm’s activities, an expensive process in both time and money.
Meaning of verification Meaning of verification is ‘proving the truth’, or ‘confirmation’. An auditor has not6 only to see the arithmetical accuracy and bona fides
Independent internal verification Most internal control systems provide for independent internal verification. This principle involves the review of data prepared by employees.
Definition