I have wished more than once for this feature! It would be wonderful!
This caused a problem for me this week too! I went to the table view and the columns that were there last week were missing. It took me a while to figure out what was going on.
I noticed early on when I cancelled something it was not considered like a closed item like I thought it should. Being able to cancel something and have it be treated as a closed item would be won...
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