Answered: The removal of cash from a victim…

The removal of cash from a victim organization before the cash is entered in the organization’s accounting system is: A. Cash larceny B. A fraudulent disbursement C. Skimming D. An illegal g

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter10: Auditing Cash, Marketable Securities, And Complex Financial Instruments

Section: Chapter Questions

Problem 9RQSC

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Question

The removal of cash from a victim organization before the cash is entered in the organization’s accounting system is:
A. Cash larceny
B. A fraudulent disbursement
C. Skimming
D. An illegal gratuity

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