Expense Refresher

Expense Refresher

KG

10 Qs

quiz-placeholder

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Expense Refresher

Expense Refresher

Assessment

Quiz

Other

KG

Hard

Created by

Cristina Caniete

Used 3+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 20 pts

Indicates the audit is performed to verify and substantiate receipts to the expense line items. This audit service does not look for compliance to corporate policy.

Policy Audit

SWB

Receipt Audit

Big 3 expense

2.

MULTIPLE CHOICE QUESTION

30 sec • 20 pts

Care for and have an accurate eye for detail 

Strive to improve a standard of excellence

Strong critical thinking skills

Maintain confidentiality, including, but not limited to, end-user financial information and client policies and procedures.

Work Flow

Auditor Skills Expected

Process Flow

Job Description

3.

MULTIPLE CHOICE QUESTION

45 sec • 20 pts

The Receipt and Policy Audit services ensure that expenses are accurately entered to match the date, amount, vendor name, expense type and payment method.

Accurate reporting is the primary way the Expense Report Auditing Services will save the client money, because inaccurate entries can lead to duplicate or erroneous reimbursement, incorrect tax application and will help to identify other factors contributing to waste, misuse and abuse

If a submitter has entered an expense that does not match the receipt, the auditor will examine the receipts included that do not match the expenses entered and attempt to determine how the expense should have been entered. The auditors will enforce Accuracy by sending a report back and requesting that the expense be corrected to match the document.

Escalation

TPH

Accuracy

Metrics

4.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

For ___________ with the same expense type, at least one of the dates must match with the Line Item (Cash/OOP).

5.

FILL IN THE BLANK QUESTION

30 sec • 15 pts

If a single receipt contains different expense types and claiming for the total amount (e.g. fuel receipt with food) and end user failed to itemize, fail for ________. Expenses need to be split out to their correct expense types.

6.

MULTIPLE CHOICE QUESTION

30 sec • 15 pts

Tax invoice;

Cash register receipt;

Credit Card slip/receipt

Pre-printed receipts (handwritten amount and/or date is acceptable – example expenses:  taxi, parking, low cost establishment such as restaurants/hotels/stores)

Itemized bill

E-receipt. Are sample?

Expense Type

Big 3

Valid Receipts

Not a receipts

7.

MULTIPLE CHOICE QUESTION

30 sec • 15 pts

This are other term for, Travel Allowance, Fixed Meal, Daily Allowance, Fixed Allowance. NOTE: All other 'allowances' require a receipt. If client does NOT require a receipt, client's receipt handling rules should be updated.

Receipt

Allowance

Per Diem

No receipt required

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