Any reimbursement of business expenses incurred by employees is a part of ____ and not a part of compensation of employees.
Fill in the banks:
Any reimbursement of business expenses incurred by employees is a part of ____ and not a part of compensation of employees.
Anurag Pathak Changed status to publish December 22, 2023
Any reimbursement of business expenses incurred by employees is a part of intermediate consumption and not a part of compensation of employees.
Explanation:-
All expenses in business incurred in producing final goods and services are intermediate consumption. Thus business expenses however paid by employees but meet by business.
Anurag Pathak Changed status to publish December 10, 2023