The statement that an employee who diverts the organization's purchases for personal use is demonstrating asset misappropriation is true regarding occupational fraud. Asset misappropriation involves the theft or misuse of an organization's assets and is one of the most common types of occupational fraud. Using organizational resources for personal benefit directly falls under this category.
[References: Association of Certified Fraud Examiners (ACFE) reports and guidance on types of occupational fraud., , ]
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