It is considered fraud for an employee of an organization to wrongly use influence to procure a personal benefit that is contrary to their duty to the organization.

Question

Quizplus · Accepted Answer

This statement is true. It is a form of fraud known as "conflict of interest" and is a breach of the employee's fiduciary duty to the organization. It can result in disciplinary action or even legal consequences.

It Is Considered Fraud for an Employee of an Organization