Which of the following terms best defines the following scenario? The employee makes a cash sale to

Question:

Which of the following terms best defines the following scenario? The employee makes a cash sale to Customer X. The employee fails to enter the amount of the sale into the cash register. Instead, the employee puts the cash in a pocket to steal it. 

a. Skimming 

b. Kiting

c. Collateralizing 

d. Posting.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Auditing A Risk Based Approach

ISBN: 9780357721872

12th Edition

Authors: Karla M Johnstone-Zehms, Audrey A. Gramling, Larry E. Rittenberg

Question Posted: