This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is not an advantage of using disbursement vouchers? (Read 87 times)

fox

  • Hero Member
  • *****
  • Posts: 540
on: Apr 8, 2019

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.
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fox on Apr 8, 2019

frre432

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Apr 8, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


fox

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Apr 8, 2019
Thank you!


frre432

  • Sr. Member
  • ****
  • Posts: 347
Reply #3 on: Apr 8, 2019
Always glad to help...


« previous next »
 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Balancing selection and heterozygote advantage. Balancing selection and heterozygote advantage.
Like most world-changing inventions, the printing press of fifteenth-century Europe took advantage o Like most world-changing inventions, the printing press of fifteenth-century Europe took advantage o
Controlling access to water in order to gain political and strategic advantage in Gaza Controlling access to water in order to gain political and strategic advantage in Gaza
Project Management: Achieving Competitive Advantage Project Management: Achieving Competitive Advantage
Project Management: Achieving Competitive Advantage, 5th Edition Project Management: Achieving Competitive Advantage, 5th Edition
Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition
Video: Polymerase chain reaction PCR - Animation

For a complete list of videos, visit our video library