expense account
Is "expense account" a company benefit? What do I have if the company provide me a company account? is that just a banking account opened by my company?
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Answers · 2
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An expense account means that the company allow you to buy or pay for certain things and the company will pay for it.For example if you have a guest from another company come visit you,and you need to take that person for lunch as part of your job you can charge the lunch to the company expense account and it will be paid for by your company.Different companies have different policies for that of course,depending on the nature of your job and the size of the company.
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http://www.businessdictionary.com/definition/expense-account.html
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