Correct Answer for the Question – How do you handle this situation? is given below
During your business trip to the UK, you took a taxi ride and paid for it by using your personal Visa credit card. While entering your expenses, you get a warning that a different conversion rate was applied to the taxi expense by Visa that the one used by your company.How do you handle this situation?
Do not enter the taxi expense and call your Finance Department so that they can make changes in the conversion rate settings and you do not violate the allowable limit.
Call Visa to address the issue and tell them to make adjustments to their conversion rate. Then, wait to get a revised statement.
Overwrite the conversion rate with the one Visa provided and enter a justification that Visa used a different conversion rate.
Use the corporate-defined conversion rate even if it means you will not be reimbursed fully.
Correct Answer
The Correct Answer for this Question is
Do not enter the taxi expense and call your Finance Department so that they can make changes in the conversion rate settings and you do not violate the allowable limit.
Explanation
The Question – How do you handle this situation? has been answered correctly and answers for the question is Do not enter the taxi expense and call your Finance Department so that they can make changes in the conversion rate settings and you do not violate the allowable limit.
More about these Exams
These Exam Questions and the order of these questions keep changing. but the answers are obviously same. so if you don’t find a question after another we suggest you search it in the search box and we are sure you’ll find it. you can bookmark this site for Quick access in future.
We hope you found it helpful don’t forget to leave a comment if you feel a need to correct or ask we’re always here to help.
you can find more here at Certout
Feel free to contact via comment or email.
Happy Learning
Cheers, Team Certout
