Knowledge quiz

It’s time to put what you’ve learned to the test, get 3 questions right to pass this unit.

What is the primary advantage of using the Expense Compliance feature?

Choose the correct answer.

It allows employees to bypass company policies when submitting expense reports.

It enables administrators to set specific expense limits and receipt handling rules, enforce compliance with company policies, flag non-compliance, and create customized audit rules.

It automatically approves all submitted expense reports without verification or audit.

It allows all expenses to exceed the set limits without any warnings or notifications.

What functionality do the Custom Audit Rules provide?

Choose the correct answer.

They allow employees to bypass expense submission regulations.

They help automate the expense approval process without further checks.

They permit the system to generate expenses for the users automatically.

They enable administrators to monitor the user information entered, allowing rules to be added, modified, or deleted as needed.

What alternative can be set if an employee cannot provide a receipt for a particular expense?

Choose the correct answer.

The employee can opt not to submit any proof of expense.

The employee can digitally sign and submit an affidavit instead of the receipt.

The employee should submit a written explanation instead of the receipt.

The system automatically generates a receipt for the employee.