of Payments Abbie Co sa mall merchandising company with a manual conting stem Anivered that is a went bank, wat amount of the deconto be because of failure to make timely payments. In addition, it was discovered that the invices for severabad twice Indicate whether the procedures listed below for the payment of vendors invoices would reduce the possibility of a watable candicunts and of paying any condime 1. Each should be approved for payment by a designated official before verifying prices, and terms True ald be filed by the last day of the discount period or the due date of the voice is not subject to a condecourt 3. Each day, the vouchers should be removed from the appropriate section of the nie and checked by the disbursing chat, 4. At the time of payment, ut vouchers and supporting documents should be stomped or perforated Paid Interact of Cash Payments A coisa mas merchandising company with accounting system. An investigation letti fontana, a samo na because of sure to make timely payments. In dit was discovered that the invoices for events had been Indicate whether the procedures listed below for the payment of vendors would reduce the potente cants and of panginoond time 1. Each our should be approved for payment by a designated official before verting price, care, and turm 2 the should be red by the st day of the discount period of the due date the invece is not what do vandet Tw hers should be removed from the propriate section of the lead the who 4. At the time of payment, i vouchers and supporting socuments should be staroet er perforated wit ternal Control of Cash Payments be Co. is a small merchandising company with a manual accounting system. An investigation revealed that in site of a sucent Bank, fint of what cause of failure to make timely payments. In addition, was discovered that the invoices for several purchases had been paid twice dicate whether the procedures listed below for the payment of vendors invoices would reduce the polity of losing avalable con discounts and opene second Each voucher should be aproved for payment by a designated Miclat before veritying price, qualories, and terme Each voucher should be led by the last day of the discount period or the due date if the voice is not object to a casa decount Each day, the vouchers should be removed from the appropriate section of the file and chances sued by the disbursing met True False ment, al vouchers and supporting documents should be stamped or perforated "Paid ayment Abbe Co. is a small merchandising company with a manual accounting system. An investigation revealed that is spe of a suficient bank balance, a significant amount of that is because of failure to make timely payments. In addition, it was discovered that the voices for several purchases had been paid twice Indicate whether the procedures listed below for the payment of vendosnies would reduce the possibility of losing the cash discounts and of paying an invoice a second time 1. Each voucher should be approved for payment by a designated official before verying prices, and terms 2. Each voucher should be filed by the last day of the Gscount period or the due date if the invoice is not subject to a conducent. 3. Each day, the vouchers should be removed from the appropriate section of the file and check oud by the disbursing edas. 4. Al me time of payment, all vouchers and supporting documents should be stamped or perforated "Poker True False