SOLVED: Which two statements are true about processing corporate card expenses?

Which two statements are true about processing corporate card expenses?

Conversion rate defaults are applicable to corporate card expenses, just as they are applicable to cash expenses.

You can process payment for credit card using Electronic funds transfer, check, or wire.

Usage policy for expense category tolerances does not apply to credit card expenses.

Conversion rate defaults apply only to cash expenses, not to corporate card expenses.

Verified Answer

Correct Option - cd

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