Auditing & Assurance Services 6th Edition by Timothy Louwers

Exercise 30

Embezzlement is a type of fraud that involves
A) An employee's misappropriating an employer's money or property not entrusted to him or her.
B) A manager's falsification of financial statements for the purpose of misleading investors and creditors.
C) An employee's mistaken representation of opinion that causes incorrect accounting entries.
D) An employee misappropriating an employer's money or property entrusted to the employee's control in the employee's normal job.