Which tasks are typically available for cardholders in the account approval process?

In the account approval process, cardholders typically engage in transaction approval and/or statement approval. This is a critical task as it allows them to review and authorize individual transactions or overall account statements before they are finalized. Transaction approval ensures that any expenditures made using the company card are legitimate and align with the organization's spending policies, while statement approval verifies the accuracy of the summarized transactions for the reporting period.

This oversight is essential for maintaining accurate financial records, adhering to compliance requirements, and facilitating effective budget management. By allowing cardholders to participate in this approval process, organizations promote accountability and ensure that all expenses are accounted for correctly before payment is executed.

The other choices, while related to financial management, fall outside the specific scope of tasks typically assigned to cardholders regarding the approval process itself.