Which of the Following Is Not an Example of Misappropriation

question 60

Multiple Choice

Which of the following is not an example of misappropriation of assets?

• A)A warehouse employee takes home two units of electronic entertainment inventory each week without authorization.
• B)The chief financial officer of the company falsely adds $20 million to the accounts receivable and revenue accounts.
• C)The president of the company utilizes the organization's cash to add a floor to her 15,000 square foot house.
• D)The treasurer of the company makes an unauthorized wire transfer from the organization's bank to a personal account in Grand Cayman.

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Definitions:

Organizational Meeting

A gathering aimed at making decisions, setting directions, or sharing information among members of an organization.

Union Representation

The act of a labor union negotiating and advocating on behalf of its members with their employers regarding workplace issues.

Job Security

The likelihood of an individual to retain their employment position without the risk of becoming unemployed.

Labor Unions

Organizations representing workers' interests, focusing on negotiating with employers over wages, working conditions, and benefits.