Leonardo is in the habit of using his credit card for expenditures made on business trips. The most likely reason he does this is to:
A) lower his business expenses.
B) take a deduction on the interest he pays on his credit card balance.
C) pad his expense account.
D) keep track of his purchases.

Question

Quizplus · Accepted Answer

Leonardo most likely uses his credit card for business expenses to keep track of his purchases. Credit card statements provide a detailed record of all transactions made, making it easier for him to keep track of expenses and make expense reports for reimbursement.

Leonardo Is in the Habit of Using His Credit Card