earticle

영어

This paper is the comparative study of entertainment expense. Empirical tests were implemented for null hypotheses that there is no difference of the firm`s amount for entertainment expenditure, the excess percent of tolerated limit by Corporate Tax Law, the usage of credit card in terms of industry, firm-size, and external audit. The motives for research are the only one calculation base of the tolerated limit of the expenditure in terms of firm`s diverse operating environments. Recognizing the difference, this paper may propose the clues that more appropriate calculation considering firm`s diverse operating situations has to be presented. Data were drawn from statements of tax adjustment, which was the point the prior research has not considered. The experiments are made in terms of industry, firm-size, and the external audit. According to the results, the amount of entertainment expenditure and the excess percent of tolerated limit were significantly differed in industry. All of three experimental variables presented significantly different outcome in firm-size and external auditing.