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2 votes
The only group/business that must report employee embezzlement is the federal government.

Option 1: True
Option 2: False

1 Answer

5 votes

Final answer:

The federal government is not the only group/business that must report employee embezzlement.

Step-by-step explanation:

The statement 'The only group/business that must report employee embezzlement is the federal government' is False. While it is true that the federal government has reporting requirements for employee embezzlement, other groups and businesses are also obligated to report such cases. For example, many states and local governments have laws that require reporting of embezzlement. Additionally, private businesses may have reporting obligations under state and federal laws, depending on their industry and the specific circumstances.

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