1. Contrast the difference between a skimming and larceny scheme.
2. Why should companies not allow registers to ring up “No Sales?”
3. What kind of controls should be implemented if a company operates “off-site” locations? What is the issue they are trying to prevent?
4. Diagram a lapping scheme that results in accounts receivable fraud.
5. List 2 computer aided audit tests to help detect skimming schemes
6. Are skimming or cash larceny schemes committed more frequently? What evidence do you provide to support your answer?
7. Describe death by a thousand cuts
8. What is a deposit in transit and why could this indicate a cash larceny scheme?
9. List 2 computer aided audit tests to help detect cash larceny schemes