A Key Factor in a Voucher System Is

question 11

Multiple Choice

A key factor in a voucher system is:

• A)Only approved departments and individuals are authorized to incur an obligation that will result in the payment of cash.
• B)Procedures for purchasing, receiving and paying for merchandise are divided among several departments.
• C)The system limits the individuals that can incur cash payment obligations for a company.
• D)It should be applied to all expenses.
• E)All of the choices are key factors in a voucher system.

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Definitions:

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