Purchasing personal items using an organization's money is what type of scheme?
A) Larceny scheme
B) Billing scheme
C) Pay-and-return scheme
D) Skimming scheme

Name: Purchasing personal items using an organization's money is what type of scheme? A) Larceny scheme B) Billing scheme C) Pay-and-return scheme D) Skimming scheme
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Question

Quizplus · Accepted Answer

Purchasing personal items using an organization's money is a type of billing scheme, where an employee submits false invoices or expense reports to divert funds for personal use.

Purchasing Personal Items Using an Organization's Money Is What Type