A voucher is an internal document or file:
A)Prepared after an invoice is received.
B)Used as a substitute for an invoice if the supplier fails to send one.
C)Used to accumulate information needed to control cash payments and to ensure that transactions are properly recorded.
D)Takes the place of a bank check.
E)Prepared before the company orders goods to make sure that all goods are being ordered from an approved vendor list.

Question

Quizplus · Accepted Answer

A voucher is a document used to control cash payments and ensure proper recording of transactions. It is prepared before the actual payment is made and includes important information such as vendor details, amount to be paid, and the account codes to be charged. Vouchers are also used to document approvals and authorization of payments.

A Voucher Is an Internal Document or File