Final answer:
The recordkeeping requirement not typically required for business use of company-provided vehicles is the 'Trips usage of car phone'. Standard requirements do include trips mileage, date, and purpose. The correct option is C. Trips usage of car phone
Step-by-step explanation:
The question concerns the recordkeeping requirements for the business use of company-provided vehicles. When using company vehicles for business purposes, it's essential to keep detailed records to comply with tax regulations and for internal tracking of vehicle usage. The Internal Revenue Service (IRS) typically requires certain information to be documented for each business trip.
These records usually must include:
Trips mileage: The total miles driven for business purposes.
Trips date: The date on which the trip occurred.
Business purpose of the trip: A brief description of the reason for the trip, such as visiting a client, delivering goods, or attending a business meeting.
The one item in the list that is not a requirement by the IRS for recordkeeping purposes is:
Trips usage of car phone: This is not typically a required record for the business use of a vehicle. While businesses may choose to track this for their own reasons, it is not a standard recordkeeping requirement for vehicle usage.