Which of the following best describes skimming? 1. Skimming involves the theft of cash after the cash
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Which of the following best describes skimming?
1. Skimming involves the theft of cash after the cash is recorded in the company’s accounting system.
2. Skimming involves the theft of cash prior to the cash entering the company’s bank account and accounting system.
3. Skimming involves the theft of cash after the cash is entered in the company’s bank account.
4. A skimming scheme involves both accounts receivables and sales general ledger accounts.
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Related Book For 
Forensic Accounting And Fraud Examination
ISBN: 9781119494331
2nd Edition
Authors: Mary Jo Kranacher, Richard Riley
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