Multiple Choice Question A(n)__ is a collection of documents prepared in the process of approving, processing and documenting all purchases and payment made on account. O imprest O cash count sheet O voucher

Did you know that vouchers have a long history in accounting, dating back to ancient civilizations? They were originally used as a way to track transactions and ensure accountability in trade. The papel is a crucial tool for modern businesses, safeguarding against fraud and errors by providing a formal record of financial exchanges! In real-world applications, using vouchers can streamline the purchasing process in any organization. They serve as proof of expenditure and can simplify audits, making it easier for accountants to track what has been bought and paid for. This ensures that companies maintain accurate financial records and avoid discrepancies!