T&e Policy Quiz
9 Questions
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T&E Policy Quiz
Questions and Answers
- 1.Using the directly related and/or associated tests for business entertaining, would the following scenario qualify as an allowed corporate expense? An artist flies into town for a photo shoot and is taken out to lunch with a few Fender employees
- A.
Yes
- B.
No
- 2.My friends and family can accompany me on travel and the charges resulting from the trip can be paid on my corporate card.
- A.
True
- B.
False
- 3.Cash advances for expected out-of-pocket expenses are allowed up to the following limits:
- A.
$50 per day for domestic and $100 per day for international travel
- B.
$75 per day for domestic and $125 per day for international travel
- C.
$100 per day for domestic and $150 per day for international travel
- D.
$150 per day for domestic and $200 per day for international travel
- 4.I get copies of my statements from the One Card administrator.
- A.
True
- B.
False
- 5.Optional insurance coverage offerd by the automobile rental agency should be declined for travel to the following locations (check all that apply):
- A.
United States
- B.
Mexico
- C.
Canada
- D.
International (non U.S., Mexico, Canada)
- 6.Which of the following are covered in the policy, but not an approved expense (check all that apply)?
- A.
Paypal charges
- B.
Phone calls during travel
- C.
Parking or traffic violations
- D.
Rewards membership fees
- E.
Bridge and highway tolls for business related purposes
- 7.The recommended guideline for appropriate meal expenses are as follows: $50 per person/per dayA 10%-25% premium is acceptable in more expensive cities
- A.
True
- B.
False
- 8.I can pay JP Morgan Chase directly for personal charges I incurred on the corporate credit card (One Card). .
- A.
True
- B.
False
- 9.An approver must approve expense reports within the following time period:
- A.
5 days
- B.
2 weeks
- C.
By the end of the billing cycle
- D.
Whenever he/she has time
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