Question: Explain the difference between the cash receipt schemes known as skimming and larceny. How would a potential fraudster commit this fraud? Provide an example of
Explain the difference between the cash receipt schemes known as skimming and larceny. How would a potential fraudster commit this fraud? Provide an example of skimming and larceny and then propose two internal controls for skimming and larceny that might prevent this type of fraud.
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