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.
The purpose of an expense account is to show how much money is leaving your company in terms of expenses. This expense account allows you to budget money for goods and services that your company needs in the course of doing business.pecifically, it measures the negative change in your company's total asset size. The expense account or allowance will tell you how much money is being spent to run your business while an allowance, specifically, tells you how much money is being reimbursed to employees for expenses.