What do you understand by the term ‘embezzlement’? Why it is considered a financial crime?

Forensic Accounting Level 4 Brentwood Open Learning College Page: 1
Crime And Economy
1. Give short answers for the following questions: (8)
i. In what way do the effects of crime influence economy?
ii. How does crime costs the economy and tax payers?
iii. What is ‘Arson’?
iv. What is money laundering? Point out some activities which could encompass
money laundering.
2. What do you understand by the term ‘embezzlement’? Why it is considered a
financial crime?
3. What is forgery? And what is the difference between forgery and uttering?