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It is the biggest expense, accounting for 35 to 40 percent of the company's costs.
It was the largest child-related expense, accounting for roughly one-third of total spending.
Arthur Andersen was warned about improper expense accounting at WorldCom two years ago, before the time the company has said its problems began.
"Corporations are going after every potential saving very aggressively and looking for more sophisticated ways of keeping track of expense accounting," said Jack Riepe, the group's spokesman.
The report also suggests that the audit that uncovered the improper expense accounting had been set in motion by Mr. Sullivan himself.
Normally a manageable expense, accounting for up to 4 or 5percentt of a family's income, the price of propane has jumped to its highest levels, doubling or tripling in one year in many places.
Similar(47)
The most expensive international cities, by expense account spending, were Brisbane, Tokyo, Sydney, Perth, London, Stockholm, Melbourne, Zurich, Paris and Dubai.
Expense accounts are gone".
Expense Account Correspondence; Natural Resource Planning Board.
"You mean, his expense account?" we asked.
Expense accounts don't grow on farms.
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CEO of Professional Science Editing for Scientists @ prosciediting.com