What do you do with a transaction discrepancy over $25?

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When faced with a transaction discrepancy over $25, the appropriate action is to report it. This ensures that any issues are addressed promptly and accurately, maintaining the integrity of financial records. Reporting discrepancies allows for a formal review or investigation, which is crucial for preventing potential losses, fraud, or errors in the accounting system. Additionally, it enables the establishment of accountability and the identification of patterns that might indicate a need for further training or procedural adjustments. This proactive approach supports overall transparency and trust within the financial processes of the organization.

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