Which of the following statements is true regarding the documents in a voucher system? Multiple Choice All voucher systems are the same. A well-designed voucher system will allow department managers to place orders directly with suppliers for control purposes. Recording a purchase is initiated by an invoice approval. A voucher system is most commonly used in very small companies to make up for the lack of other internal controls. A well designed voucher system will eliminate all fraud and error. A purchase requisition is a document the purchasing department sends to the vendor to place an order. True or False True False A good system of internal control: Multiple Choice O Urges adherence to prescribed managerial policies. Eliminates the need for an audit. Requires the use of noncomputerized systems. Is not necessary if the company uses a computerized system. O Insures profitable operations