Which of the Following Statements Related to Journal Vouchers Is

question 83

Multiple Choice

Which of the following statements related to journal vouchers is false for most ERP systems?

• A) The person completing the adjustment will enter it directly into the computer.
• B) The voucher will be electronic.
• C) Journal voucher should be signed by the person(s) authorized to initiate the entry.
• D) To provide an adequate audit trail, a printed copy of journal vouchers is required.

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Definitions:

Postponement Technique

A supply chain management strategy that delays the final assembly or customization of a product until the latest possible time to reduce inventory costs and better match customer demand.

Reduction

The process of decreasing or lessening something in size, amount, or degree.

Early Customization

A strategy where a product is partially completed and then finished according to specific customer requirements closer to the time of purchase.

Bullwhip Effect

A phenomenon in supply chains where variations in demand cause progressively larger variations in supply, leading to inefficiency and excess inventory.