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9 November, 10:11

Which of the following statements regarding Bob's use of the company credit card is not true?

A. You should encourage Bob to change his behavior and correct the fraudulent charges.

B. Bob's use of the credit card is a form of asset misappropriation.

C. Bob is committing occupational fraud.

D. The amount charged for the nonbusiness lunches does not meet the minimum threshold for fraud.

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  1. 9 November, 10:34
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    D. The amount charged for the nonbusiness lunches does not meet the minimum threshold for fraud.

    Explanation: Regardless of the amount, Bob is knowingly using company resources for personal spendings, this is considered fraud. This kind of misbehavior can have different levels of severity, and the punishment for this fault should come according to the level of damage, however, it shows an ethical fault that needs to be addressed, even if it is a small amount.
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Home » Business » Which of the following statements regarding Bob's use of the company credit card is not true? A. You should encourage Bob to change his behavior and correct the fraudulent charges. B. Bob's use of the credit card is a form of asset misappropriation.
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