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    Exam 5: Fraud,Internal Control,and Cash
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    A Process for Approving and Documenting All Purchases and Payments
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A Process for Approving and Documenting All Purchases and Payments

Question 134

Question 134

Multiple Choice

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.

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