A voucher is an internal file:
A) Prepared after an invoice is received.
B) Used as a substitute for an invoice.
C) Used to accumulate information needed to control cash disbursements and to ensure that transactions are properly recorded.
D) Takes the place of a bank check.
E) Prepared before the company orders goods.

Question

Quizplus · Accepted Answer

A voucher is used to accumulate information needed to control cash disbursements and to ensure that transactions are properly recorded. It is not a substitute for an invoice or a bank check, and it is not prepared after an invoice is received. It may be prepared before goods are ordered as a way to pre-approve the purchase.

A Voucher Is an Internal File