Verification

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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 (GHG Data Verification)

Reference

ISO/IEC 27042:2015