misappropriation of funds

what is misappropriation of funds? does the use of the company's sales to pay for the medical expenses of the victim hit by our company driver considered misappropriation of funds? we promised the victim that we will shoulder all her medical expenses related to the accident. the victim felt satisfied with our assistance, thus, she will not press charges anymore which was written down in her notarized statement.

wHAT WILL BE THE PUNISHMENT IF EMPLOYEE ADMITTED THAT HE USE FUNDS FOR HIS OWN BENEFIT BUT WITH INTENTION OF RETURNING SAID AMOUNT.

edzel, who used the money? was it authorized by management?

ding, imo, it can be as much as termination.

hi, i would like to inquire about my concern. i work as a supervisor in a call center and we were given a specific amount of money for our team building. due to our different schedule, we haven't done our team building yet, so i still have the funds. most of my agent wanted to encash their share which i declined to honot becaue it defeats the purpose of the money. but to let them get a feel of the money i gave them 500 each but the remaining amount is still with me for our future team building. my agents filed charges against me that i kept and used the money for personal use and i'm being investiated for misappropriation of funds. is this right? did i do something wrong? i already returned the money to my manager to prevent further issue. i've been in this industry for 10yrs already and i never had issues like this. pls help. thanks.