Question

A voucher is an internal document or file: Multiple Choice Used to prepare a bank reconciliation. Used as a substitute for an invoice if the supplier fails to send one. Used to collect information needed to control cash payments and to ensure that transactions are properly recorded. Takes the place of a bank check. Used by large companies to control cash receipts

Answer 1

Voucher is used as a substitute for an invoice if the supplier fails to send one and to collect information needed to control cash payments and to ensure that transactions are properly recorded.

What is Voucher?

Voucher is a type of document used by a company, firm, organization or industry. It is used to record cash or money to be paid.

Different department in an organization also use it and it is important for backup.

Therefore, a Voucher is used as a substitute for an invoice if the supplier fails to send one and to collect information needed to control cash payments and to ensure that transactions are properly recorded

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