A Voucher Is an Internal File That

question 120

Multiple Choice

A voucher is an internal file that:

• A)Is prepared after an invoice is received.
• B)Is used as a substitute for an invoice.
• C)Is used to accumulate information needed to control cash disbursements and to ensure that transactions are properly recorded.
• D)Takes the place of a bank check.
• E)Is prepared before the company orders goods.

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Definitions:

Dozen Oysters

A quantity unit referring to a grouping of twelve oysters, often used in the sale and serving of this seafood.

Beers

Alcoholic beverages made from fermented grains, primarily barley, and flavored with hops and other ingredients.

Indeterminate

A situation or outcome that is not clearly defined or decided, often because of complex or uncertain variables.

Marginal Utility

The additional satisfaction or utility that one receives from consuming one more unit of a good or service.