Identifying transaction documents to prevent their further or repeated use after they have performed their function is known as
A) cancellation.
B) restriction.
C) blocking.
D) endorsement.

Question

Quizplus · Accepted Answer

Canceling a transaction document means rendering it void or invalid to prevent any further or repeated use once it has served its intended purpose. Restriction, blocking, and endorsement do not necessarily make a document invalid, but rather modify or add information to it.

Identifying Transaction Documents to Prevent Their Further or Repeated Use