Verification
From Open Risk Manual
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Definition
Verification. Confirmation, through the provision of evidence, that specified requirements have been fulfilled.
- In the context of Supply Chain Finance It is a service offered by the factor/financier to establish the validity of a debt/receivable before its due payment date.
- In the context of Cyber Risk it is the confirmation, through the provision of objective evidence, that specified requirements have been fulfilled.
- In the context of GHG Accounting is the auditing and verifying of data pertaining to GHG Emissions
Reference
- ISO/IEC 27042:2015