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Author Question: What is not an advantage of using disbursement vouchers? (Read 50 times)

fox

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Question 1

One objective of accounts payable is to authorize payment only for goods or services actually ordered and received. The best way to process supplier invoices is to use
◦ electronic funds transfer for small, occasional purchases from suppliers.
◦ a nonvoucher system.
◦ EDI for all small, occasional purchases from suppliers.
◦ a disbursement voucher system.

Question 2

What is not an advantage of using disbursement vouchers?
◦ Disbursement vouchers reduce the number of checks written.
◦ Disbursement vouchers can be prenumbered which simplifies the tracking of all payables.
◦ Disbursement vouchers facilitate separating the time of invoice approval from the time of invoice payment.
◦ There are no disadvantages to using disbursement vouchers.


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Marked as best answer by fox on Apr 8, 2019

frre432

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fox

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frre432

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