Assigning the responsibilities of purchasing, receiving, and paying for merchandise to one department or individual is a way to streamline a voucher system.

Question

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Assigning all responsibilities to one department or individual can lead to a lack of checks and balances, increasing the risk of errors or fraud. A voucher system typically involves separating these duties to ensure accountability and accuracy.

Assigning the Responsibilities of Purchasing, Receiving, and Paying for Merchandise