What is required to complete the setup of an approval path in a project template?

To complete the setup of an approval path in a project template, it is essential to designate the status for the task if the approval is rejected. This is a critical component because having a clear understanding of the consequences of rejection helps manage expectations and facilitates smoother workflows. It allows team members to know the necessary steps to take when an approval does not go through, which in turn supports more effective project management and communication.

When an approval is rejected, knowing the designated status helps in determining what subsequent actions need to be taken—such as reworking the task, seeking further approvals, or making necessary adjustments based on feedback. This clarity is important for maintaining project momentum and ensuring that everyone involved is aligned on what the next steps should be.

The other elements listed in the choices can contribute to the overall structure of an approval process but do not capture the critical need for handling the scenario of a rejection.