For refund signatures, which statement is correct?

• A. Three signatures are required
• B. Two signatures are required
• C. One signature is required
• D. No signatures are required

Answer: (B)

Two signatures on refunds create a check-and-balance in the process. The first signature records that the refund was issued, while the second signature from an authorized supervisor or approver confirms the amount, eligibility, and legitimacy of the refund. This dual-approval system helps catch mistakes, prevents improper or fraudulent refunds, and leaves a clear paper trail for accountability. If only one signature were required, oversight would be weaker and the risk of errors or abuse would rise. If no signatures were required, there would be no accountability at all. Adding a third signature would usually slow things down without adding meaningful additional protection beyond the second sign-off.