A sequentially numbered document authorizing a cash payment is known as a:
A)cash register.
B)voucher.
C)voucher register.
D)ledger folio.

Question

Quizplus · Accepted Answer

A sequentially numbered document authorizing a cash payment is known as a voucher. A voucher is an internal document used in a company's accounts payable department in order to collect and organize the necessary documentation and approvals before paying a vendor's invoice.

A Sequentially Numbered Document Authorizing a Cash Payment Is Known