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Another term for misappropriation of assets is Group of answer choices A. illegal acts. B. employee...

Another term for misappropriation of assets is

Group of answer choices

A. illegal acts.

B. employee fraud.

C. collusion.

D. management fraud.

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Answer #1

Option 'B' is correct

Employee Fraud is another term used for Misappropriation of assets. Many employees in the organization uses the assets and properties that belong to the company for personal use. It is also called as Internal Fraud.

For Example of theft of Inventory, Usage of motor vehicles for personal use etc.

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