A Voucher System Is a Set of Procedures and Approvals

question 27

Multiple Choice

A voucher system is a set of procedures and approvals:

• A)Designed to eliminate the need for subsidiary ledgers.
• B)Designed to determine if the company is operating profitably.
• C)Used almost exclusively by small companies.
• D)Used to ensure that the company sells on credit only to creditworthy customers.
• E)Designed to control cash disbursements and the acceptance of obligations.

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Definitions:

Genes

Units of heredity made up of DNA that act as instructions to make molecules called proteins, impacting an organism's development and functioning.

Environmental Events

Occurrences or incidents in the natural world that can influence behavior and mental processes.

Neuroticism

A personality trait characterized by emotional instability, anxiety, moodiness, worry, and sadness, considered one of the five major traits in the study of personality.

Extraversion

A personality trait characterized by energy, positive emotions, and the tendency to seek stimulation in the company of others.