answersLogoWhite

0


Best Answer

Embezzlement is stealing money from the company you work for. Embezzlement often includes "cooking the books", or changing expense records to hide the theft.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is embezzelment?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do you spell embezzelment?

Embezzlement.


What is the formal term for the embezzelment of public funds?

Peculation


Can you prosecute the executor of an estate for embezzelment?

Certainly, it is crime to breach fiduciary duties.


What is statute of limitation of embezzelment?

It would be classified as a felony. That limitation will vary greatly depending on the state or country, it might not have one.


Why do the Egyptians want their president to step down?

They blame him for recession embezzelment and unemployment,and mostly the protests are funded by an Islamist agenda.


Is there a statute of limitations for embezzelment?

That depends on the specific location of the crime. It may also be affected by the victim. It can be anything from two years to none.


What could possible reasons be if your accounts have been frozen at your credit union?

if they suspect fraud, or theft, or embezzelment. government authorities and the IRS have the power to do this.


What is a felony for embezzelment?

Every case is different. If you need information on a state or federal criminal case, seek information from your attorney or from an attorney at your local public defender's office.


Can ingles market deny an employee vacation time if employee is under investigation for embezzelment?

There is no legal requirement for vacation. It is entirely at the employer's discretion whether to provide or allow vacation time.


What is the statute of limitations for embezzelment in Texas?

Texas has a variety of limitations based on the crime. Thefts involving fiduciaries or officials or forgery are set a 10 years. Misdemeanors have a limitation of 2 years to bring charges. Being absent from the state will toll the statute if it applies.


What is the statute of limitations for embezzelment in North Carolina?

North Carolina's statute of limitations are very basic and simple. Embezzlement is normally a felony. If the crime is a felony of any type there is no limit. Malicious misdemeanors have not limit either. Other misdemeanors are set at 2 years.


What is the advantage of job rotation according to accounting?

From an accounting point of view, job rotation reduces the probability of embezzelment or other falsification of records because there is a chance that the next person to do that job will find any irregularities from the previous person. From an Accounting Manager's point of view, job rotation results in cross-trained employees leading to less disruption caused by abscences or terminations and could lead to higher employee job satisfaction and morale.