Which of the following terms is most closely associated with an employee stealing cash before the cash is recorded in the accounting records?
A) Fraud
B) Corruption
C) Skimming
D) Larceny

Question

Quizplus · Accepted Answer

Skimming refers to the theft of cash from a business by an employee before it is recorded on the business's books and records. This makes it difficult to detect because the money is taken before it enters the accounting system.

Which of the Following Terms Is Most Closely Associated with an Employee