Which of the following documents would be found in the expenditure cycle?
A)delivery ticket
B)time card
C)journal voucher
D)purchase order

Question

Quizplus · Accepted Answer

The purchase order is a key document in the expenditure cycle as it authorizes the purchase of goods or services from a vendor. Delivery tickets and time cards are typically associated with the inventory and payroll cycles, respectively. A journal voucher may be used to record various types of transactions in the accounting system, but it is not specific to the expenditure cycle.

Which of the Following Documents Would Be Found in the Expenditure