Why do companies use sequential prenumbering for documents such as checks, sales invoices, and purchase orders?

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Managerial Accounting

ISBN: 978-0077522940

15th edition

Authors: Ray Garrison, Eric Noreen, Peter Brewer

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Question Posted: May 20, 2014 09:04 AM

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Why do companies use sequential prenumbering for documents such as checks, sales invoices, and purchase orders?

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Using prenumbered documents reduces the likelihood of unautho...View the full answer

Managerial Accounting

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