Which of the following is an example of a misappropriation of assets fraud?

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Misappropriation of assets fraud involves the theft or misuse of an organisation's assets. Unauthorised discounts or refunds to customers is an example of misappropriation of assets fraud as it involves stealing from the organisation by giving customers discounts or refunds without proper authorization. Inappropriate application of accounting principles, unrecorded liabilities, and improper asset valuations are examples of financial statement fraud.

Which of the Following Is an Example of a Misappropriation