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Q.

An arrangement in which the accounting work of each individual is checked by the other member is known as _______.


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a

Internal Audit

b

External audit

c

Internal check

d

Test checking 

answer is C.

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Detailed Solution

An arrangement in which the accounting work of each individual is checked by the other member is known as Internal check.
This is valid since it is an accounting technique similar to other internal checks where routine entries for transactions are handled by many employees in a way that allows the work of one employee to be cross-checked against the work of another for the discovery of errors.
 
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An arrangement in which the accounting work of each individual is checked by the other member is known as _______.