Which of the Following Statements Is Not Correct

question 96

Multiple Choice

Which of the following statements is not correct?

• A) the voucher system is used to improve control over cash disbursements
• B) the sum of the paid vouchers represents the voucher payable liability of the firm
• C) the voucher system permits the firm to consolidate payments of several invoices on one voucher
• D) many firms replace accounts payable with a voucher payable system

---

Definitions:

Report Findings

The process of formally presenting results or discoveries from research, investigations, or assessments to a relevant audience.

Standardised Psychological Test

An assessment tool that is administered and scored in a consistent, or "standard", manner to measure psychological constructs.

Current Issues

Topics or problems that are currently being discussed, debated, or are of concern in the public domain or within specific fields.

Questionnaire

A structured set of questions designed for gathering information from respondents for research or assessment purposes.