What is the first step to reject a transaction?

Get ready for the US Bank Cardholder and Approving Official Exam. Study with flashcards, multiple choice questions, and detailed explanations. Prepare effectively and succeed!

To reject a transaction, the first step is to select the transaction and then click the Reject button. This action is critical because it initiates the process of formally indicating that the transaction is not approved. Clicking the Reject button is the direct mechanism provided in the system to document the decision and notify the appropriate parties of the rejection.

The process is structured in a way that ensures clarity and accountability. By starting with the selection of the transaction and then explicitly choosing the reject option, it communicates the decision clearly within the system, enabling any necessary follow-up actions or notifications. This reinforces the importance of making a clear and decisive action when handling transaction approval or rejection.

Reviewing the transaction details or notifying the transaction originator may be part of the overall process but does not constitute the first step in the rejection process. The initial decision must be recorded through the system interface, which is why selecting and clicking the Reject button is paramount.

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