Skimming involves
A)stealing cash from an organization before it is recorded
B)stealing cash from an organization after it has been recorded
C)manufacturing false purchase orders, receiving reports, and invoices
D)paying a vendor twice for the same products and cashing the reimbursement check issued by the vendor

Question

Quizplus · Accepted Answer

Skimming involves stealing cash from an organization before it is recorded. This can be done by stealing cash from sales, incoming payments, or other sources before they are recorded in the accounting system. Skimming is a type of fraud that can be difficult to detect because the transactions are not recorded.

Skimming Involves