Expense Accounts Are a Way for a Company To

question 29

Multiple Choice

Expense accounts are a way for a company to:

• A)keep the costs of business travel a neutral factor for salespeople
• B)make money by having salespeople subsidize their own business travel
• C)give salespeople extra income without having to declare it on their taxes
• D)entertain big clients so they will be more likely to place repeat orders
• E)reduce benefits to employees without hurting the employees financially

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Definitions:

Titanic

A British passenger liner that sank in the North Atlantic Ocean in 1912 after hitting an iceberg, leading to significant loss of life.

Ocean Floor

The bottom surface of the Earth's oceans, consisting of various geographical features like plains, mountains, and trenches, providing habitat for diverse marine life.

Submersibles

Watercraft designed for underwater operations, typically for research, exploration, or recreational purposes.

Artifacts

Objects made or used by humans, typically of historical or cultural interest, including tools, pottery, and artwork.