<span>The principle purpose of a voucher system is to provide assurance that all cash payments are approved before a check is issued.
A voucher system is a way of internally controlling that helps prevent fraudulent withdrawals from a company by employees or people outside the organization.
A voucher system organizes procedures to verify and approve cash disbursements, which is important because cash is vulnerable to theft. The voucher system helps guard a company's cash.</span>
Answer:
C, producer to agent to retailer
Explanation:
For a small manufacturer that cannot afford its own sales force, the best channel or chain of distribution is for the manufacturer to send his products to an agent then the agent sells the retailers.
The agent in this case has the sales force to distribute products which the manufacturer can't afford. This means that the manufacturer is most likely going to cut a deal with the agent as to how much will be remmited or how much the products would be sold to him and then he can pass it on to retailers for an added price.
All of these helps both the manufacturer, agent and retailer make profitsas well as ensure smooth and continuos distribution of products.
Cheers.
Answer:
The statement is: True.
Explanation:
Partnerships are organizations that share ownership of two or more people. Corporations, on the other hand, are owned by shareholders who decide how and who will run the business. Partnership owners are individually liable, implying that the owners' assets can be taken away in front of the debt.
Debt or legal responsibility in companies is not individual. Liability is only dealt with at the company level. In reality, partnerships require reorganization when one of the partners is quitting or passing away, something that does not happen to corporations. For these factors, the majority of associations find it difficult to raise significant amounts of funds relative to companies.
To ensure that her company is being socially responsible, Vivian should ensure that the cars are environmentally friendly. Being socially responsible means you do what is best for planet, people, and profits. In this case, taking care of the planet means choosing the car that is the most environmentally friendly.
Answer:
A. IFRS, tangible assets are tested only when factors suggest impairment.
Explanation:
The tested of the tangible assets would be based on some kind of changes that are change in the market value, chnage in the technology, rise or reduction in the rate of interest in the market etc
In addition to this, the intangible assets such as goodwill would be testes on annually basis
Therefore the first option is correct
