Which scenario exemplifies the misuse of a noncash asset?

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The correct scenario that exemplifies the misuse of a noncash asset is when an employee uses a company vehicle for personal errands after work. This situation demonstrates how a noncash asset, in this case, a vehicle provided by the company, is being used for purposes that are not aligned with the company's interests. The vehicle, which is a valuable resource intended for business operations, is being diverted for personal use, which constitutes a misuse of that asset.

Using company assets for personal purposes without permission can lead to increased costs for the company, such as fuel, maintenance, and insurance. It can also create liability issues and create a precedent for misuse among other employees. This situation underscores the importance of proper asset management and the need for employees to adhere strictly to the company's policies regarding the proper use of resources.

The other scenarios involve different contexts by either portraying less significant misuses or situations that do not involve noncash assets directly impacting the company's operations. For example, while taking home office supplies may not reflect responsible use, it typically involves consumable items rather than a noncash asset like a vehicle, which has a larger operational significance to the company.

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