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One of the Physician Owners of a Medical Partnership Meets

Question 21

Multiple Choice

One of the physician owners of a medical partnership meets his wife for lunch at a nearby restaurant. He presents the restaurant receipt to the petty cash custodian and request reimbursement. The request is ____.


A) appropriate because a partner's lunch is a business expense
B) inappropriate because a partner's lunch with his wife is not a business expense
C) appropriate because a partner can use petty cash however he wishes
D) inappropriate because the lunch expense should not come from petty cash

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