Which of the Following Is Not an Advantage of a Voucher

question 15

Multiple Choice

Which of the following is not an advantage of a voucher system?

• A)several invoices may be included on one voucher,reducing the number of checks
• B)disbursement vouchers may be pre-numbered and tracked through the system
• C)the time of voucher approval and payment can be kept separate
• D)it is a less expensive and easier system to administer than other systems

---

Definitions:

Individual Corn Producer's Demand Curve

A graphical representation showing the quantity of corn that an individual producer is willing and able to sell at various prices, typically downward sloping.

Perfectly Price Elastic

A situation where a small change in price leads to an infinite change in the quantity demanded or supplied.

Daily Revenues

The total amount of income generated by a business or operation within a single day.

Average Total Cost

The total cost divided by the quantity of output produced, representing the cost per unit of output.