Paid Vouchers May Be Filed in the Paid Voucher File

question 36

Multiple Choice

Paid vouchers may be filed in the paid voucher file according to:

• A)check number.
• B)creditor's name.
• C)voucher number.
• D)Both B and C

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Definitions:

Raw Material Purchases

The total cost of raw materials bought by a company for use in production over a specific period.

Cash Out

The act of disbursing or spending cash, typically resulting in a decrease in the cash balance of a business or individual.

Raw Materials

The basic materials that are used in the production process of goods, prior to being processed or transformed.

Direct Labor Budget

A detailed plan that shows the amount of direct labor hours required to meet production needs and the associated costs.