Which of the following is the best way to hide theft of assets?
A) creating "cash" through the transfer of money between banks
B) conversion of stolen assets into cash
C) stealing cash from customer A and then using customer B's balance to pay customer A's accounts receivable
D) charging the stolen asset to an expense account

Question

Quizplus · Accepted Answer

Charging the stolen asset to an expense account would make it appear as a legitimate expense and conceal the theft. The other options involve creating a paper trail or exchanging assets, which could raise suspicions during an audit.

Which of the Following Is the Best Way to Hide