unapproved check

Definitions (2)
Popular Terms
1. Accounting: A check that has been created in an Accounts Payable system but not yet approved for issuance/signature. A check may have multiple levels of approval required depending on the dollar amount.
2. Logistics: An unapproved count of goods on-hand carried out by an employee who is not authorized to make adjustments to the inventory records or the production schedule. Errors made in an unapproved inventory check can lead to discrepancies in the inventory management system. For example, the employee might be unaware that additional inventory is being stored in another location and zero out the amount on hand in the system, triggering a replenishment request.


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