In a Properly-Designed Accounts Payable System, a Voucher Is Prepared

question 59

Multiple Choice

In a properly-designed accounts payable system, a voucher is prepared after the invoice, purchase order, requisition and receiving report are verified.The next step in the system is:

• A)approval of the voucher for payment.
• B)entering of the voucher into the voucher register.
• C)entry of the cheque amount in the cheque register.
• D)cancellation of the supporting documents.

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Definitions:

Drug Laws

Regulations and statutes governing the manufacture, distribution, sale, and use of drugs, both legal and illegal.

Prison Population

The total number of individuals incarcerated in a prison system at any given time.

Recidivism Rates

The measure of the rate at which individuals reoffend or relapse into previous undesirable behavior, particularly in the context of criminal activity.

Drug Court

A specialized court docket that provides an alternative to incarceration for individuals with substance abuse issues, offering treatment and supervision instead.