Which of the following terms describes the act of stealing cash revenue after it has been recorded in the accounting system?

Question

Quizplus · Accepted Answer

Cash larceny is the act of stealing cash revenue after it has been recorded in the accounting system. Register disbursement is a different type of fraud where funds are taken from the cash register before being recorded. The less cash scheme involves intentionally keeping a lower amount of cash on hand than what should be reported in the accounting system. Skimming involves stealing cash before it is recorded in the accounting system.

Which of the Following Terms Describes the Act of Stealing