Question

character stics of voucher​

Answer 1

Answer:

tudies of privately funded voucher programs "provide some evidence that African American students who used vouchers to attend private schools showed greater improvements in math and reading than students in the comparison group, and have also found that the parents of voucher users of all racial and ethnic groups were consistently more satisfied with their children's education than parents of comparison group students."

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Answer 2

ANSWER :

★ In accounting, the term "voucher" or "accounting voucher" represents a pre-printed paper. Accounting voucher is the document on the basis of which transactions are recorded in the books of account.

❖ Characteristics of Voucher are as follows :-

• ❍ A voucher is a pre-printed paper document and recording of transactions are made on the basis of this document.

• ❍ Vouchers are used to record both the cash transactions as well as other non-cash transactions.

• ❍ Each accounting voucher is divided into two parts — Debit and Credit.

• ❍ There is not any prescribed format of accounting voucher The format of the voucher depends on the nature, requirements and convenience of the business.

• ❍ As a voucher is the basis of recording transactions of business in the books of accounts, transactions of a business are firstly recorded in the voucher.