Final answer:
Misappropriation of funds, also known as embezzlement, refers to the misuse or wrongful use of funds for personal gain or unauthorized purposes.
Step-by-step explanation:
Misappropriation of funds refers to the misuse or wrongful use of funds for personal gain or unauthorized purposes.
Embezzlement is one example of misappropriation of funds. It is a type of fraud where a person entrusted with managing or handling funds, such as an employee or a financial officer, illegally takes or uses those funds for personal use. Embezzlement typically occurs within organizations or companies.
Therefore, the correct answer to the question 'Misappropriation of funds means: a) Embezzlement b) Fraud c) Money laundering d) Tax evasion' would be a) Embezzlement.