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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