CFM No. 2-642 27 February 1976 B. 4. of Title 14, Code of Federal Regulations, Part 1207, Subpart B, as The expense report claiming reimbursement is approved as follows: a. By the responsible functional Corporate, division or subsidiary officer for all non-officer personnel. b. By division general managers or subsidiary presidents for division and subsidiary officers. d. By the group vice president, division vice president and general manager, or the President, for subsidiary presidents and division general managers depending on the reporting relationship. e. By the President, or in his absence, the Senior Vice PresidentOperations or Senior Vice President-Finance, for senior vice presidents and group vice presidents. 5. Any entertainment expense which is anticipated to exceed $200 shall receive advance approval from the general manager/subsidiary president, or in the case of Corporate Office personnel, including field offices, from the Senior Vice President-Operations. Where time or circumstances do not permit advance approval, a full report will be made within 24 hours. Entertainment costs are deductible for income tax purposes if they meet all of the requirements of the income tax regulations. These regulations require a detailed substantiation of all elements of expenditures which must be furnished on Form C-18B to support an employee's or consultant's claim for reimbursement, including: 4. Amount. (All items of $25 or more must be supported by a receipt or other acceptable evidence of payment. Certifications in lieu of lost or stolen receipts in excess of $25 will no longer be accepted.) CFM No. 2-642 Page 3 of 3 V. VI. 5. Identity and business relationship of each person entertained. Iden- PROCEDURE A. Each employee and consultant who requests reimbursement will: 1. Summarize reimbursable costs on Form C-18, "Expense Report." 2. Report details required in Paragraph IV on Form C-18B. 3. Attach receipts and all other pertinent records to Form C-18. 4. Submit approved Form C-18, with attachments, to Finance in the 5. For accounting control, report all entertainment expenses on Form C-18, whether paid for by the employee/consultant or incurred by the employee/consultant for payment by the company. COMPLIANCE There will be strict compliance with the Corporate policy as stated in CPD No. 46 and the procedures established herein. Failure to follow the policy and these procedures, or the absence of any of the required documentation will be sufficient cause to refuse reimbursement. No exceptions will be permitted. 1 (1) (2) Receipt required where customary - attach to this report. (3) Enter purpose of Conference or Entertainment and number of person in attendance on reverse side. Attach Forms C-18A and C-188 as applicable. PRIVATE AUTOMOBILE ITINERARY AND MILEAGE WHILE IN TRAVEL STATUS (Use an attachment if additional space is needed) SUPPLIER List amounts charged to Northrop by Air Travel Card, Gasoline Credit Card, etc. Attach original receipts DESCRIPTION (FROM TO) VIA $ TOTAL EXPENSES . DATE INSTRUCTIONS FOR PREPARATION OF EXPENSE REPORT EXPENSES A resonable amount will be allowed for necessary expenses actually incurred by the employee which he would not noally be called upon to pay if living at home, such as: MEALS/PER DIEM. Actual and reasonable costs of meals consistent with prevailing costs in the area. Division policy shall govern per diem. Justification and receipts are required if costs exceed Division-established guidelines. LODGING. Actual and reasonable cost. Attach receipt. BAGGAGE HANDLING. Cost of handling baggage. No receipt required. CARFARE AND TAXICAB FARES. From plant or home or from hotel to station, and from station to plant or home or hotel, and other necessary business trips at points of travel. TELEPHONE AND TELEGRAPH EXPENSE. Limited to calls and messages on Company business. TRANSPORTATION EXPENSES. Tickets for Air, Rail, and Standard Pullman transportation should be obtained through the Company. As a general rule, commercial airline fare for any standard class other than first-class accommodations will be allowable. Receipts are required in all cases except for local or bus fares where it is not customary for the carrier to issue them. TRAVEL BY OWN AUTOMOBILE. In the event an employee is required by the Company to use his own automo- CAR RENTALS. All rentals of automobiles shall be made in the Company's name rather than the employee's OTHER NECESSARY EXPENSES. In the event that any other necessary expenses are incurred and included in AMC-13 (R 12-72) BACK DATE NUMBER PURPOSE |