The Reason for Filing Vouchers in an Unpaid Voucher File

question 58

Multiple Choice

The reason for filing vouchers in an unpaid voucher file according to due date is:

• A)to allow the company to take advantage of cash discounts.
• B)to allow the company to cancel payment of the bills.
• C)to keep accounts receivable up to date.
• D)to keep the cash payments journal up to date.

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Definitions:

Capacity Constraint

A limitation on the resources available for production, such as time, labor, or materials, which can affect the maximum output levels.

Double-subscripted Variables

Variables in mathematical modeling that are indexed by two sets, often used to represent the elements in a matrix or a two-dimensional array.

Capacity Constraint

A limitation or restriction on the maximum level of output that a system or process can handle.

Double-subscripted Variables

Variables that are identified by two subscripts, often used in mathematical and statistical models to represent two-dimensional data.