A Set of Procedures and Approvals for Verifying,approving and Recording

question 22

Multiple Choice

A set of procedures and approvals for verifying,approving and recording obligations for eventual cash disbursement,and for issuing checks for payment only of verified,approved,and recorded obligations is referred to as a(n) :

• A)Internal cash system.
• B)Petty cash system.
• C)Cash disbursement system.
• D)Voucher system.
• E)Cash control system.