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:

Working Conditions

The environment, terms, and conditions under which an individual is employed, including hours, physical aspects, legal rights, and responsibilities.

United Autoworkers

A labor union representing workers in the automobile manufacturing industry in the United States and Canada.

Honda, Toyota, Nissan

Major Japanese multinational automotive manufacturers known for their vehicles' reliability and innovation.

Reserve Clause

A term used in sports contracts allowing a team to retain the rights to a player after the contract expires.