Which of the Following Statements Is True Regarding the Documents

Multiple Choice

Which of the following statements is true regarding the documents in a voucher system?

A) All voucher systems are the same.
B) Recording a purchase is initiated by an invoice approval.
C) A well-designed voucher system will allow department managers to place orders directly with suppliers for control purposes.
D) A voucher system is most commonly used in very small companies to make up for the lack of other internal controls.
E) A well designed voucher system will eliminate all fraud and error.