Assume you work for a company and often have to travel on company business. Your company policy on reimbursement for meals while traveling on company business is that you will be repaid for your-out- of- pocket costs, not to exceed $80 a day. You don’t need receipts for these expenses—the company will take your word. When traveling, you tend to eat at fast-food places and rarely spend in excess of $20 a day. Most of your colleagues put in reimbursement requests in the range of $55 to $60 a day regardless of what their actual expenses are. How much would you request for your meal reimbursements?