11.If an employee is reimbursed through an accountable plan which of the following is true? A.All reimbursements must be included in income.
11.If an employee is reimbursed through an accountable plan which of the following is true? A.All reimbursements must be included in income.
Chapter1: Financial Statements And Business Decisions
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![11.If an employee is reimbursed through an
accountable plan which of the following is
true?
A.All reimbursements must be included in
income.
B.A reimbursement equal to the expense is
not included in income.
C.The amount of reimbursement above the
expenses should not be included in income.
D.None these answers.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3f181ed1-b0b6-413f-85b5-e55bebc35843%2Fb8f3259a-cc5f-4ac6-b009-6a9ff1577c3c%2Fu7muybp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:11.If an employee is reimbursed through an
accountable plan which of the following is
true?
A.All reimbursements must be included in
income.
B.A reimbursement equal to the expense is
not included in income.
C.The amount of reimbursement above the
expenses should not be included in income.
D.None these answers.
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