Assignment 2-2 Week 2 discussion issues

Assignment 2-2 Week 2 discussion issues - Assignment 2-2...

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Unformatted text preview: Assignment 2-2 Week 2 Discussion Issues Chapter 3: 3-2. Why is it generally more difficult to detect skimming than cash larceny? The benefit of a skimming scheme is that the transaction is not recorded and the stolen funds are never entered on the books. The employee who is skimming either under rings the register transaction so that a portion of the sale is not recorded, or she completely omits the sale by failing to enter it at all on the register. This makes the skimming scheme difficult to detect because the register tape does not reflect the presence of the funds that have been taken. In a larceny scheme, on the other hand, the funds that the perpetrator steals are already reflected on the register tape. As a result, an imbalance will result between the register tape and the cash drawer. This imbalance should be a signal that would alert a victim organization to the theft. 3-6. What steps might an organization take to protect outgoing bank deposits from cash larceny schemes?...
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Assignment 2-2 Week 2 discussion issues - Assignment 2-2...

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