What action should be taken if a check exceeds the limit set for managerial approval?

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In situations where a check exceeds the limit set for managerial approval, seeking approval from a member of management is essential to maintain the integrity of financial transactions and adhere to the company's policies. This process ensures that there is proper oversight and that any potential risks associated with higher-value checks are assessed by someone in a position of authority.

Obtaining managerial approval allows the store to mitigate the risk of fraudulent transactions and protects the business from possible financial losses. By following this protocol, employees uphold the company's standards and procedures, ensuring that all financial transactions are transparent and sanctioned by the appropriate authority within the organization. This action is crucial in maintaining the trust between the business, its employees, and its customers, fostering a secure and professional environment.

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