Which of the Following Statements Is Correct Regarding a Voucher

question 63

Multiple Choice

Which of the following statements is correct regarding a voucher system?

• A)The journal entry to record the asset purchased and liability owed should be recorded when the bill for goods or services is received.
• B)A voucher system is most commonly used in very small companies to make up for the lack of other internal controls.
• C)A well-designed voucher system will allow employees requiring office supplies to place orders directly with suppliers for control purposes.
• D)A well-designed voucher system will eliminate fraud and errors.

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Definitions:

Pigeon Chest

A condition characterized by a protrusion of the sternum and ribs, giving the chest a bird-like appearance, formally known as pectus carinatum.

Lung Assessment

The evaluation of lung sounds, function, and overall respiratory health.

Pneumonia

An inflammatory condition of the lung primarily affecting the small air sacs known as alveoli, usually caused by infection.

Mydriasis

Enlarged pupils.