How Are Expense Accounts Correctly Used? What Would Be an Incorrect

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Examlex · Accepted Answer

The Answer is Expense accounts are meant to make business-related expenses for travel and other items a neutral expense that employees are reimbursed for.Incorrect use of expense accounts would be to let an expense account be another stream of income for the employee by reimbursing nonexistent or excessive expenses.

How Are Expense Accounts Correctly Used? What Would Be an Incorrect

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