The following list identifies many examples of frauds. Fraud will be a result of fraudulent financial reporting or misappropriation of assets (some form of theft). Using the table below, select whether each example is a financial reporting fraud or misappropriation of assets fraud.

		Examples of fraud
1.		Recording fictitious sales		select a type of fraud Financial Reporting FraudsMisappropriation of Assets Frauds
2.		Inappropriate application of accounting principles		select a type of fraud Financial Reporting FraudsMisappropriation of Assets Frauds
3.		Using a company credit card for personal use		select a type of fraud Misappropriation of Assets FraudsFinancial Reporting Frauds
4.		Timing differences (recording revenue earlier or deferring expenses)		select a type of fraud Misappropriation of Assets FraudsFinancial Reporting Frauds
5.		Employees remaining on the payroll after ceasing employment		select a type of fraud Financial Reporting FraudsMisappropriation of Assets Frauds
6.		Improper asset valuations		select a type of fraud Financial Reporting FraudsMisappropriation of Assets Frauds
7.		Unauthorized discounts or refunds to customers		select a type of fraud Financial Reporting FraudsMisappropriation of Assets Frauds
8.		Unrecorded liabilities		select a type of fraud Misappropriation of Assets FraudsFinancial Reporting Frauds
9.		Theft of inventory by employees or customers		select a type of fraud Misappropriation of Assets FraudsFinancial Reporting Frauds
10.		Theft of cash by employees		select a type of fraud Financial Reporting FraudsMisappropriation of Assets Frauds
11.		Understating expenses		select a type of fraud Financial Reporting FraudsMisappropriation of Assets Frauds
12.		Omitting or misstating disclosures		select a type of fraud Misappropriation of Assets FraudsFinancial Reporting Frauds
13.		Using a company car for unauthorized personal use