Asset misappropriation is defined as:
A) a scheme that involves offering, giving, receiving, or soliciting anything of value to influence an official act.
B) demanding payment from a vendor in order to make or influence a decision in a vendor's favor.
C) deceiving individuals in putting their money into a fake investment.
D) a scheme that involves an employee prepares a fraudulent check for his or her own benefit.

Question

Quizplus · Accepted Answer

Asset misappropriation refers to the theft or misuse of an organization's resources, such as money or inventory, by an employee. One common form of asset misappropriation is employees preparing fraudulent checks for their own benefit. Option A refers to bribery, option B refers to extortion, and option C refers to fraud.

Asset Misappropriation Is Defined As