nonaccountable plan


A system of reimbursement or providing allowance to cover expenses incurred that does not require an employee of a company to submit receipt as proof of expenses incurred such as meals, travel and accommodation. It also does not require staff return any excess from allowance given. Non-accountable plan is a less stringent form of reimbursing employees for expenses than "accountable plan", which requires employees to submit proof of expenses such as receipt or return any excess of any allowance given.
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non-acceptance nonaccredited investor