A voucher system employs various forms of documentation related to steps in the control over cash.Which of the following is not a document in the voucher system?
A)Company check
B)Purchase requisition
C)Supplier invoice
D)Cash count sheet

Question

Quizplus · Accepted Answer

A voucher system is a process for approving and documenting all purchases and payments made on account.Documentation includes purchase requisitions,purchase orders,receiving reports,supplier invoice,and company check or EFT transaction number.The cash count sheet documents the amount of cash the cashier received and determines any cash short or over that occurred during the shift.As such,it relates to controls over cash receipts.

A Voucher System Employs Various Forms of Documentation Related to Steps