CFE - Financial Transactions and Fraud Schemes Exam QuestionsBrowse all questions from this exam

CFE - Financial Transactions and Fraud Schemes Exam - Question 29


Blue borrowed her employer’s snowplow for her own snow removal business, which she operates on the side. Blue only used the snowplow on the weekends or after hours, when her employer was not open for business. Blue falsified the mileage and usage logs for the snowplow so that no one would know she had been using it. The snowplow was returned unharmed. Which of the following statements is MOST ACCURATE?

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AML_1234Option: B
Dec 21, 2024

B. Blue committed misuse of a noncash asset.