A Voucher Is an Internal Document or File Used to Accumulate

question 170

True/False

A voucher is an internal document or file used to accumulate information to control cash disbursements and to ensure that a transaction is properly recorded.

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Definitions:

Business Organization

The structure of a company or entity, including its formation, operations, and management, and the relationships among its various stakeholders.

Manager-Managed LLC

A limited liability company in which the management is specifically designated to one or more managers, rather than being managed by all members.

Managers

Individuals responsible for controlling or administering all or part of a company or similar organization.

Members

Individuals or entities that are part of an organization or group and typically have certain rights, privileges, or responsibilities associated with membership.