Which of the following statements is false as it pertains to a voucher system?
A) The purchase order must be completed and approved before the goods are purchased.
B) A receiving report is completed when goods are received and is checked against the purchase order.
C) Someone in the receiving department checks the purchase order and sales invoice for accuracy.
D) After all the steps are complete; payment is issued in the form of a check.

Question

Quizplus · Accepted Answer

The false statement is C because in a voucher system, the receiving department typically checks the goods received against the purchase order and receiving report for accuracy, not the purchase order and sales invoice. The sales invoice is usually checked by the accounting or finance department against the purchase order and receiving report to ensure accuracy before payment is processed.

Which of the Following Statements Is False as It Pertains