According to the acfe study, the highest percentage of asset misappropriation occurs through

The answer is fraudulent disbursements. According to the ACFE Study, this is the most familiar kind of asset misappropriation, and they happen when an employee uses his position of employment to cause a payment for some unsuitable purpose. Fraudulent disbursements are on-book fraud schemes, meaning that cash or checks leaves the entity deceitfully, but it is noted on the books and thus an audit trail is present. Fraudulent disbursement schemes are broken down into the following kinds:

̶            Check tampering schemes

̶            Register disbursement schemes

̶            Billing schemes

̶            Expense reimbursement schemes

̶            Payroll schemes

He was an adventurer and writer who established a colony near roanoke island, in present day north coralina.