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:

Discrimination

Discrimination involves unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Impoverishment

The state of being extremely poor.

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s to restore prosperity during the Great Depression.

Rigidly Segregated

An environment or society where individuals are strictly separated based on certain characteristics, such as race.