Examlex
Why is process value analysis not part of the general ledger accounting system?
Voucher System
A set of procedures for authorizing and recording liabilities and cash payments.
Internal Control
Procedures and policies implemented by a company to safeguard its assets, ensure accurate financial reporting, and promote operational efficiency.
Cash Payments
Transactions in which payment for goods or services is made with cash at the time of purchase.
Voucher
A special form for recording relevant data about a liability and the details of its payment.
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