The most difficult type of cash theft for the auditor to detect is that which occurs:
A) out of the balance kept in a cash register.
B) before the cash is recorded.
C) in amounts under $100.
D) after cash is recorded but before it goes to the bank.

Question

Quizplus · Accepted Answer

Cash thefts occurring before the cash is recorded are the most difficult to detect for auditors because there is no documentation or record of the cash ever existing. This type of theft is commonly referred to as skimming and involves stealing cash before it is recorded in the company's accounting system. The other options may still leave some type of trail or evidence for an auditor to detect the theft.

The Most Difficult Type of Cash Theft for the Auditor