MCQs > Finance & Management > Accounts Payable > Why do companies use the government listed mileage rate for the reimbursement of traveling expenses rather than paying actualexpenses?

Accounts Payable MCQs

Why do companies use the government listed mileage rate for the reimbursement of traveling expenses rather than paying actualexpenses?

Answer

Correct Answer: It is simpler for the employer and fairly reimburses the employees for the expenditure on gas and the wear and tear of the vehicle

Explanation:

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