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N76 [4]
1 year ago
8

an employee is taking cash and making up the difference by holding the deposit until the next cash receipts are received. the be

st procedure to discover this fraud is .
Business
1 answer:
PtichkaEL [24]1 year ago
7 0

An employee altering accounts receivables to conceal stolen cash is a fraudulent practice known as a "lapping scheme."Using a subsequent receivables payment from a transaction, such as a sale, to cover the theft is the strategy.

Is it fraud to steal cash receipts?

The majority of receipt fraud is committed by an organization's employees. It could occur if incoming cash or checks are stolen, or if customer debt records are altered in exchange for cash rewards or other incentives. Action Fraud should be notified of any fraudulent activity.

What is the term for when staff at a client take cash from the bank?

Using company or client assets for personal gain is known as asset misappropriation. Another name for this is "stealing." Asset misappropriation can be broken down into two main categories: non-cash and cash.

Learn more about accounts receivables here:

brainly.com/question/24871345

#SPJ4          

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IRISSAK [1]

Answer:

I. Mature in one year or less.

Explanation:

Money market securities matures in one year or less. It is not assured that principal amount will be safe and government does not guarantee for these securities but they ensure through regulatory bodies that these securities must have a minimum credit rating to be traded in the market. So option I is correct.

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4 years ago
Cuáles son las adaptaciones fisiológicas del manati​
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3 years ago
Why does the federal reserve system have a high degree of political independence? it is divided into geographical districts. the
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Even though the name contain the word 'federal' , the federal reserves are not entirely owned by the government.  Several banks owned percentage of ownership to the federal reserve. Government officials only acted as the Board of Directors, not the owner. Because of this dis attachment, the federal reserve could had high degree of political independence

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4 years ago
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postnew [5]
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3 years ago
According to the Project GLOBE study, a leader who is status-conscious and procedure-oriented displays which leadership style?
Rina8888 [55]

The leadership style by someone who is status-conscious and procedure-oriented is self-protective.

<h3>What is leadership style?</h3>

A leadership style means a leader's characteristic behaviors when the person is directing, motivating, guiding, and managing people.

According to the Project GLOBE study, a leader who is status-conscious and procedure-oriented displays is displaying a leadership style known as self-protective.

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