1 Maintain records of the total compensation paid to each director, including any compensatory payments or reimbursement of the travel expenses of the foundationâs director and family members. 2  Once this checklist has been completed it quickly becomes obvious that reasonable compensation is a zero sum game. Maintain records of the total compensation paid to each director, including any compensatory payments or reimbursement of the travel expenses of the foundationâs director and family members. 2  Once this checklist has been completed it quickly becomes obvious that reasonable compensation is a zero sum game.
exists and is an alternate of . Answers.comÂ® is making the world better one answer at a time. Expense checks are used to cover work related expenses. These expenses must be able to be documented, and must be legitimate work expenses.
Full Definition of EXPENSE. 1. archaic: the act or an instance of expending: expenditure. 2. a: something expended to secure a benefit or bring about a result c: an item of business outlay chargeable against revenue for a specific period.3.4. See expense defined for English-language learners.ull Definition of EXPENSE. 1. archaic: the act or an instance of expending: expenditure. 2. a: something expended to secure a benefit or bring about a result c: an item of business outlay chargeable against revenue for a specific period. 3. 4. See expense defined for English-language learners.