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    Financial Accounting

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    In your company (present or prior) how did you get reimbursed for company expenses you incurred in the course of your work? Did you have to submit expense reports and wait for a check or did you go to petty cash and get your money back immediately? Please describe the procedure used in either case and do you think there was sufficient internal control to prevent improper claims?

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    Solution Preview

    In my company as in most others, an employee has to present the bills and receipts of all expenses incurred during the course of the work. This ...

    Solution Summary

    The expert examines financial accounting for a company's expense. The sufficient internal control to prevent improper claims are given.