An employee overstates his reimbursable expenses in one period in order to receive needed additional cash. Since he intends to reduce his expenses the next period by the current overstatement, this act is not considered fraudulent.

Question

Quizplus · Accepted Answer

This act is considered fraudulent as it is misrepresenting the actual expenses and misleading the company. It is not ethical or acceptable behavior.

An Employee Overstates His Reimbursable Expenses in One Period in Order