Final answer:
Occupational fraud is committed against an organization, usually by its own employees for personal gain, not on behalf of it. The statement is false.
Step-by-step explanation:
Occupational fraud is better understood as fraud committed against an organization rather than on behalf of it.
This type of fraud is typically carried out by an organization's own employees, managers, or executives and is designed to result in a direct or indirect financial gain for the perpetrator at the expense of the organization. Therefore, the statement provided is false.