Which of the Following Is True of a Voucher System

question 74

Multiple Choice

Which of the following is true of a voucher system?

• A) All expenditures such as rent and interest would first be credited to Accounts Payable before payment is made.
• B) Transactions are first entered in the voucher register, then payment is made in the voucher register.
• C) The check register replaces the cash payments journal.
• D) Either A or B would be correct.

---

Definitions:

External Rewards

Incentives or benefits provided by external sources, such as money, praise, or recognition, that motivate individuals to perform certain actions.

Exciting Work

Employment or tasks that stimulate enthusiasm and interest, often because of novelty, variability, or the challenge they present.

Conscientious

Characterized by diligent and careful work or actions.

Transcendence Needs

The highest level in Maslow's hierarchy of needs, representing the desire for personal growth, self-fulfillment, and realizing one's potential.