Which of the Following Statements Describes a Voucher

question 38

Multiple Choice

Which of the following statements describes a voucher?

• A)It is a report showing that the goods have been received in good condition, as ordered.
• B)It is a document authorising a payment to a supplier.
• C)It is an order to purchase goods from a supplier.
• D)It is a statement from the supplier showing the goods purchased and the amount due.

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Definitions:

Principle Amount

The original sum of money borrowed in a loan or put into an investment.

Time

A continuous, measurable quantity in which events occur in a sequence from the past through the present to the future.

Simple Interest

Interest computed on the original sum of a loan or deposit, not including the effects of compounding throughout the duration.

Simplification

The process of reducing a mathematical expression or equation to its simplest form.