In a voucher system vouchers are prepared in the accounts receivable department.

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Conley Petermeier · Accepted Answer

Final Answer : False, Explanation :  Vouchers are typically prepared in the accounts payable department, not accounts receivable. The accounts payable department creates vouchers as a means to approve and track expenses for payment to vendors, suppliers, and other third-party entities.

In a voucher system vouchers are prepared in the accounts receivable department.

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