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.

---

Definitions:

Drug Addiction

A chronic disease characterized by compulsive drug seeking and use, despite harmful consequences.

Metabolic Syndrome

A cluster of conditions that occur together, increasing the risk of heart disease, stroke, and diabetes; these conditions include increased blood pressure, high blood sugar, excess body fat around the waist, and abnormal cholesterol levels.

Resonance Structures

Representations of a molecule showing different possible positions for double bonds and lone pairs, indicating the molecule's delocalized electrons.

Sigma Complex

An intermediate in certain chemical reactions characterized by a covalent bond (sigma bond) between the reactant and a metal atom from the catalyst.