menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 23: The Voucher System
  5. Question
    Under a Voucher System,every Liability Is Recorded at the Time
Solved

Under a Voucher System,every Liability Is Recorded at the Time

Question 25

Question 25

Multiple Choice

Under a voucher system,every liability is recorded at the time:


A) of requisition.
B) of receipt.
C) of order placement.
D) the liability is incurred.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q20: The voucher system strengthens internal control because:<br>A)all

Q21: Toy Trains Company bought $5,000 of merchandise,terms

Q22: In a voucher system,Accounts Payable is the

Q23: When a purchase is made,the business will:<br>A)credit

Q26: For each of the following, identify

Q27: When a voucher transaction does not fit

Q29: All paid vouchers may be filed in

Q31: In a voucher system,the cash payments journal:<br>A)is

Q114: Before a voucher is approved for payment,all

Q122: A(n) _ is used for every cash

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines