The central weakness of a cash larceny scheme is the resulting imbalance in the organization's accounting records.

Question

Quizplus · Accepted Answer

Cash larceny involves stealing cash that has already been recorded in the organization's accounting records, leading to an imbalance between the actual cash on hand and the recorded cash balance. This inconsistency can be detected through regular reconciliations and audits of the accounting records.

The Central Weakness of a Cash Larceny Scheme Is the Resulting