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Q. Suppose you work for an industry and often have to travel on industry business. Your industry policy on reimbursement for meals while travelling on industry business is that you will be repaid for your-out- of- pocket costs, not to exceed $80 a day. You don't need receipts for these expenses the industry will take your word. When travelling, you tend to eat at fast-food places and rarely spend in excess of $20 a day. Most of your colleagues put in reimbursement requests in the range of $55 to $60 a day regardless of illustrate what their actual expenses are. Explain how much would you request for your meal reimbursements?
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