<u>Embezzlement</u> is the theft or misuse of <u>company funds by executives </u>
Explanation:
<u>Embezzlement, refers to the act of withholding the assets of a company with the intention of conversion(theft) by one or more person to whom the assets where entrusted .It is a type of financial fraud</u>
Answer:
Yellow
Explanation:
The Person is Black and the background is Yellow
The Congressional Budget Office (CBO)- is the primary congressional agency charged with reviewing congressional budgets and other legislative initiatives with budgetary implications.
U.S. Government Accountability Office (GAO)- Known as "the investigative arm of Congress" and "the congressional watchdog," GAO supports the Congress in meeting its constitutional responsibilities and helps improve the performance and accountability of the federal government for the benefit of the American people.
The Office of Management and Budget (OMB)- is the business division of the Executive Office of the President of the United States that administers the United States federal budget and oversees the performance of federal agencies.
It should be noted that the tests that can be used to differentiate an employee from an independent contractor include:
- Control test.
- Integration tests.
- Multiple factor test.
A control test simply refers to the level of control that an employer has over the workers. An employee is subjected to orders from the employer unlike the independent contractor.
Integration test implies that the employees are part of an essential group in the organization. Lastly, the multiple-factor test is when various factors are taken into consideration to determine if one is an employee or not. For example, in Short v Anderson (1946), the criteria used were the power of choice, renumeration, etc.
A company is an association of persons that have a common objective of providing services to customers while partnership is an agreement between two or more people to run a business and share its profit.
Lastly, based on the information given, the manager is in breach of his duties. Bribery and corruption aren't part of the principles of a company.
Learn more about independent contractors on:
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