T&e Policy Quiz

9 Questions

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T&e Policy Quiz

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