When a Cardholder reports their Governmentwide Commercial Purchase Card (GPC) as misplaced, lost, or stolen, what is the typical action that is taken?
O The cardholder temporarily loses card privileges.
O The cardholder must wait for approval from their supervisor before reporting the card as misplaced, lost, or stolen.
O The cardholder is required to reimburse the government for the lost amount before the replacement card is issued.
O The bank must close the account and a new card is issued