Fireball Company requires that all documents supporting a check (purchase order, invoice, and receiving report) be canceled

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Fireball Company requires that all documents supporting a check (purchase order, invoice, and receiving report) be canceled by punching a hole through the packet. Why is this practice required? What might happen if it were not?

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Financial Accounting

ISBN: 978-0134725987

12th edition

Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.

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