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.
What is the meaning of Expenses? Expenses are money spent or cost incurred in an organization's efforts to generate revenue, representing the cost of doing business. . Expenses may be in the form of actual c â¦ ash payments (such as wages and salaries), a computed expired portion (depreciation) of an asset, or an amount taken out of earnings (such as bad debts). .