Question: Cardinal Company requires that all documents supporting a check be canceled by punching a hole through the packet. Why is this practice required? What might
Cardinal Company requires that all documents supporting a check be canceled by punching a hole through the packet. Why is this practice required? What might happen if it were not?
Step by Step Solution
3.44 Rating (160 Votes )
There are 3 Steps involved in it
Punching a hole through supporting documents reduces the opportunity for fraud Without this ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
316-B-C-A-I-C-C (1514).docx
120 KBs Word File
