Which one of the following statements best describes "per diem."
A) An amount of money determined by the organization it will pay per traveling employees based on their total expenses
B) An amount of money determined by the organization it will pay as a percent of the expenses incurred per day to traveling employees
C) An amount of money determined by the organization it will pay per day to traveling employees for expenses; the organization may or may not require receipts to be submitted
D) An amount of money determined by the organization it will pay per category of expense to traveling employees for expenses incurred

Question

Quizplus · Accepted Answer

Per diem is a daily allowance given to employees for expenses incurred while traveling, and it is not necessarily tied to the submission of receipts, as it is a set amount given per day regardless of the actual expenses incurred.

Which One of the Following Statements Best Describes "Per Diem