Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Expense Accounts and Allowances

Expense accounts are ordinarily a feature of perquisites for executives. Since executives create expenses as a part of their jobs, they are allowed to keep an account, which allows them to be reimbursed periodically for these expenses. Sales people may also have an expense account.

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