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What this is: A written spending, refund, and purchase limit for every role in the business.

Used in: Volume 11, Chapter 4: Approval Authority

RoleExpense Approval LimitRefund Approval LimitPurchase Approval LimitEscalates To
Frontline StaffSupervisor
SupervisorManager/CEO
Manager/CEOOwner/Board
Owner/BoardUnlimited (subject to reserved matters)UnlimitedUnlimited-

Effective date: ______________________ · Next review date: ______________________

Warning

A limit that is routinely overridden "just this once" stops functioning as a control. If a limit no longer fits reality, change it formally, don't just ignore it.