Explanation:

- Auditing

- A comprehensive review process of financial statements.

- Ensures accuracy and compliance with laws and standards.

- Usually conducted by external or internal auditors.

- Vouching

- Part of auditing; involves verifying transactions using vouchers.

- Ensures entries in the books reflect genuine transactions.

- Focused on supporting documents of individual transactions.

- Verification

- Involves checking the existence and valuation of assets and liabilities.

- Confirms that the financial statements are accurate.

- Checking

- General review or inspection process.

- Can be informal and not as detailed as auditing.