Which item is a benefit of using the travel card? Choose an appropriate option and select submit.

A. Using it prevents travelers from having to use their own money for official travel expenses.
B. Travelers can use it to pay for both official and personal expenses while on official travel.
C. Transactions are denied if the JTR does not allow reimbursement for the attempted purchase.
D. Its use ensures the travel card vendor will be paid promptly, preventing travel-related debt.

The benefits of a travel card include prevention of personal fund use for official expenses, denial of non-reimbursable purchases, and prompt vendor payment. Caution should be observed when using it for personal expenses during official travel.

Explanation:

The question is asking about the benefits of using a travel card. These can include the following: using the travel card prevents travelers from having to use their own personal funds for official travel expenses, which is a similar concept to a debit card where the financial institution immediately deducts cost from the person's checking account. Certain transactions may also be denied if they are not reimbursable according to the JTR, meaning the card also serves as a form of check on expenses. Last but not least, prompt payment to the vendor is also a benefit as it prevents any debt accumulation related to travel costs. It's important to note that while travelers can use it to pay for both official and personal expenses while on official travel, the use for personal expenses could potentially be seen as misuse of company resources.

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KanviSuri KanviSuri · Answer 2 · 2024-04-15T01:13:42-04:00

The main benefit of using a travel card is that it prevents travelers from having to use their own money for official travel expenses, ensures timely payments to vendors, and helps avoid travel-related debt.

The benefit of using the travel card is that using it prevents travelers from having to use their own money for official travel expenses. Unlike credit cards that can be used more broadly, the travel card is specifically designed to separate personal and business expenses, making it convenient for employees to manage their travel-related expenditures without affecting personal funds. Moreover, transactions are monitored in accordance with the Joint Travel Regulations (JTR), which helps to ensure compliance with company or governmental policies on travel expenses. Therefore, the travel card not only ensures expedient payments to vendors but also prevents employees from accruing travel-related debt.