An advantage of the use of the voucher system is that it?

An advantage of the use of the voucher system is that it?

Answer Details

The voucher system is a method of controlling and documenting financial transactions in a business. One of its advantages is that it ensures that every expenditure is reviewed and verified before payment is made. This is because a voucher is created for each transaction, and it must be approved by an authorized person before payment can be made. This helps to prevent errors, fraud, or unauthorized spending. Therefore, option D, "ensure that every expenditure is reviewed and verified before payment is made", is the correct answer.