A true voucher system requires that all expenditures for whatever purpose and in excess of a certain dollar amount be formally approved for payment before they can be paid.
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Q8: The Level 0 diagram of the AP/CD
Q9: A disbursement voucher is designed to reflect
Q10: When the vendor payment is made, the
Q11: The vendor sends a confirmation to establish
Q12: In the ER diagram of the AP/CD
Q14: The vendor invoice triggers the "establish payable"
Q15: The notification of an obligation to pay
Q16: The cashier usually reports to the controller.
Q17: The VP of finance usually has the
Q18: In the ER diagram for AP/CD process,
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