Voucher system of control is a procedure designed to control cash payouts and the acceptance of obligations. A voucher system follows a predefined standard procedure for every transaction, like verification, approvals and recording of the payment obligations for ultimate cash payouts. To determine: The documents prepared as part of voucher system of control out of the given options.

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Chapter 6, Problem 11QS

To determine

Introduction: Voucher system of control is a procedure designed to control cash payouts and the acceptance of obligations. A voucher system follows a predefined standard procedure for every transaction, like verification, approvals and recording of the payment obligations for ultimate cash payouts.

To determine: The documents prepared as part of voucher system of control out of the given options.

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