Answered: An internal control system where…

An internal control system where obligations by the company should be liquidated only by checks. A. Voucher system B. Current account c. Check system d. Outstanding check

Accounting Information Systems

10th Edition

ISBN:9781337619202

Author:Hall, James A.

Publisher:Hall, James A.

Chapter3: Ethics, Fraud, And Internal Control

Section: Chapter Questions

Problem 14P

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Question

An internal control system where obligations by the company should be liquidated only by checks.
A. Voucher system
B. Current account
c. Check system
d. Outstanding check

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