D Question 13 1 pts The voucher system of control: Is a set of procedures...

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Accounting

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D Question 13 1 pts The voucher system of control: Is a set of procedures and approvals designed to control cash receipts and the acceptance of liabilities. Is required in large companies but not beneficial for small to mid-sized companies. Establishes procedures for verifying, approving, and recording liabilities for cash payment. Applies only when multiple purchases are made from the same supplier

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