Loose-leaf For Auditing & Assurance Services: A Systematic Approach
Loose-leaf For Auditing & Assurance Services: A Systematic Approach
11th Edition
ISBN: 9781260687637
Author: William F Messier Jr, Steven M Glover Associate Professor, Douglas F Prawitt Associate Professor
Publisher: McGraw-Hill Education
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Chapter 4, Problem 4.18MCQ
To determine

Concept Introduction:

Misappropriation of assets is a fraudulent activity in which assets like cash, inventory, supplies etc. Misappropriation is a planned stealing or embezzlements performed by the employees of the organization.

To choose: The activity that is a misappropriation of assets.

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