Who has authority to approve expenditures within the Sub Deb Club, and what spending limits exist?

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Multiple Choice

Who has authority to approve expenditures within the Sub Deb Club, and what spending limits exist?

Authority to approve expenditures rests with the board or designated officers, and spending limits are defined by policy. This setup creates essential checks and balances: smaller purchases can be approved within delegated authority, while larger or unusual expenses require formal approval by the board or even a vote by the members. External auditors don’t approve day-to-day spending; they review financial records and provide independent assurance. Relying on a single person, like a treasurer, to approve all expenses would bypass oversight and increase the risk of misuse. This combination of board or officer approval with policy-driven limits best fits how the Sub Deb Club should manage expenditures.

Authority to approve expenditures rests with the board or designated officers, and spending limits are defined by policy. This setup creates essential checks and balances: smaller purchases can be approved within delegated authority, while larger or unusual expenses require formal approval by the board or even a vote by the members. External auditors don’t approve day-to-day spending; they review financial records and provide independent assurance. Relying on a single person, like a treasurer, to approve all expenses would bypass oversight and increase the risk of misuse. This combination of board or officer approval with policy-driven limits best fits how the Sub Deb Club should manage expenditures.

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