When an Employee Wrongfully Includes Non-Business Related Expenses in Their

question 68

Multiple Choice

When an employee wrongfully includes non-business related expenses in their employee expense report,this is known as ________.

• A)white-collar crime
• B)embezzlement
• C)Employee fraud
• D)An irregularity

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Definitions:

Comparative Balance Sheet

A financial statement that presents a company's financial position at two or more points in time, allowing for comparison.

Net Cash

The amount of cash available after accounting for all cash receipts and payments.

Cash Dividend

A sum of money given by a company to its shareholders, typically from the company's profits.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset over its useful life.