What is a TRUE statement about receipts in DTS?

The statement that receipts are mandatory for all expenses of $75 or more is accurate because, in the context of DTS (Defense Travel System) and related policies, maintaining a standard for accountability and transparency in financial reporting is essential. When expenses reach or exceed this threshold, requiring receipts ensures that there is proper documentation to substantiate the expenditure. This helps in verifying compliance with travel regulations, allows for clearer audit trails, and ensures that public funds are managed responsibly.

Requiring receipts for higher amounts also aligns with standard financial practices across various organizations, where larger expenses are scrutinized to mitigate risks of misuse and ensure funds are being allocated appropriately. This level of documentation can prevent discrepancies and errors, enabling travelers as well as administrators to maintain accurate financial records.