A voucher system's control over cash payments begins when a company incurs a liability that will result in eventual payment of cash.

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This is because a voucher system is a method used by a company to control and track its cash payments by using pre-numbered vouchers to document transactions. The system begins when the company incurs a liability, such as receiving goods or services, which will eventually result in the payment of cash. The voucher is then created as a record of this liability, which can be used to track the payment process from start to finish.

A Voucher System's Control Over Cash Payments Begins When a Company