What is the resulting payment amount made to the employee for these expenses?

You use corporate cards with expenses and have implemented the Company Pay payment option. An employee incurred the following expenses.
What is the resulting payment amount made to the employee for these expenses?

A. 1449
B. 6.201
C. 949
D. 500

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0 thoughts on “What is the resulting payment amount made to the employee for these expenses?

  1. Answer: B
    For the Company Pay payment option, your employer pays the corporate card issuer for all corporate card transactions incurred by its employees. The employee is only reimbursed for cash business expenses. Corporate card transactions reported as business expenses have no effect on the amount that is reimbursed to the employee.

    Note: If the employee reports any transactions as personal expenses, these transactions are offset against any cash business expenses reported. Therefore, the amount reimbursable to the employee is reduced by the amount of the corporate card personal expenses.

    Reference: https://docs.oracle.com/en/cloud/saas/financials/21d/fawde/credit-card-data.html#FAWDE166577

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