Which of the following accurately describe per diem expense plans?

Question

Quizplus · Accepted Answer

Per diem expense plans involve a fixed dollar amount being paid for each day or week that an employee is in the field or on a business trip, regardless of the actual expenses incurred. A and D are incorrect because per diem plans do not use floating rates or ceiling amounts. B is incorrect because per diem expenses come from the company's budget, not from commissions.

Which of the Following Accurately Describe Per Diem Expense Plans