A process for approving and documenting all purchases and payments on account is referred to as a(n):
A)voucher system.
B)imprest system.
C)reconciliation procedure.
D)cash receipts process.

Name: A process for approving and documenting all purchases and payments on account is referred to as a(n): A)voucher system. B)imprest system. C)reconciliation procedure. D)cash receipts process.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A voucher system is a process for approving and documenting all purchases and payments on account.

A Process for Approving and Documenting All Purchases and Payments