A Disbursement Voucher Contains

question 93

Multiple Choice

A disbursement voucher contains

• A)a list of outstanding invoices.
• B)the net payment amount after deducting applicable discounts and allowances.
• C)the general ledger accounts to be debited.
• D)All of the above are correct.

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Definitions:

Free Cash Flow

Net cash provided by operating activities adjusted for capital expenditures and dividends paid.

Capital Expenditures

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment.

Cash Dividends

Payments made by a corporation to its shareholder members as a distribution of profits.

Operating Expenses

Costs associated with a company's day-to-day operational activities, excluding direct labor, direct materials, and direct expenses.