How do you handle this situation?

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.

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