one-over-one approval definition
one-over-one approval means approval authority provided by an individual’s supervisor attesting to the validity of the expenditure where there may be a potential or perceived conflict of interest so that no one is placed in a position where they authorize a payment to themselves or to their benefit.
one-over-one approval. - One-over-one approval means the requirement for approval by a second, organizationally more senior, signing officer in addition to approval by the primary functional signing officer. For example a Faculty member’s “one-over-one” would normally be the Departmental Chair, a Chair’s one-over-one would normally be a Dean, etc. At least one of the approvers must have signing authority on the account(s) paying for the expenses.