Accounting · Auditing and Vouching
Which one of the following statements is correct regarding vouchers?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Vouchers are created within the company only.
- 2Vouchers are created outside the company only.
- 3Vouchers can be created inside the company (internal vouchers) or outside the company (external vouchers).✓
- 4Vouchers can be created inside the company (external vouchers) or outside the company (internal vouchers).
Correct answer
Vouchers can be created inside the company (internal vouchers) or outside the company (external vouchers).
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