Question: If your employer has an accountable plan, how will excess reimbursements that you fail to return after a business trip be treated: a. as paid

If your employer has an accountable plan, how will excess reimbursements that you fail to return after a business trip be treated: a. as paid under the accountable plan regardless of any excess funds retained b. as additional unreported employee compensation for travel inconveniences c. as paid under a nonaccountable plan d. as an untaxed fringe benefit

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!