- Has a formal written travel policy been developed, communicated and enforced?
- Does the company have performance measures in place to control and improve the travel and entertainment expenditure process?
- Are travel and entertainment expenses properly authorized and verified by management?
- Are transactions accurately and completely recorded on a timely basis?
- Does the company attempt to control travel-related purchases by consolidating travel services and use of preferred vendors?
- Does the company use a multi-purpose corporate card to control employee expenses and collect vendor data?
- Has an automated expense report processing system been implemented?
- Is a system in place to collect, track, process and disseminate travel spending data?
- Are system, database, and record integrity protected?
- Does the system include a section on foreign currency exchange rates (if applicable)?