Voucher: Voucher is a document which proves an occurrence of business transactions. To determine : 1. What are the two processes which are established by the voucher system of control? 2. Determine the types of expenditure should be overseen by a voucher system control. 3. When is the voucher initially prepared? Explain.

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Chapter 8, Problem 7E

To determine

Voucher:

Voucher is a document which proves an occurrence of business transactions.

To determine:

1. What are the two processes which are established by the voucher system of control?

2. Determine the types of expenditure should be overseen by a voucher system control.

3. When is the voucher initially prepared? Explain.

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