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A set of procedures and approvals for verifying, approving and recording liabilities for eventual cash payment, and for issuing checks for payment only of verified, approved, and recorded liabilities is referred to as a(n):

Sagot :

ayfat23

Answer:

Voucher system.

Explanation:

voucher system can be regarded as methodused in authorizing when it comes to disbursement of cash. A voucher that will give identification of

amount, account number that is needed to pay on is been filled.

It should be noted that the A set of procedures and approvals for verifying, approving and recording liabilities for eventual cash payment, and for issuing checks for payment only of verified, approved, and recorded liabilities is referred to as Voucher system..

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