Which is an example of skimming?

Money from sales is stolen before it gets recorded.

Illegal money is rendered legal in a three-step process.

There is a pyramid of investors in which lower rungs pay for investment returns on higher ones, while the criminal siphons money.

A ghost employee is created to defraud payroll.

Which is an example of fraudulent bookkeeping on the income side?
A ghost employee is created to defraud payroll.

A customer is billed for a service or product, but it gets recorded in the ledger at a lower amount.

A fake invoice is submitted and paid.

Illegal money is rendered legal in a three-step process.

Which is an example of expense fraud?
Question 9 options:

Money from sales is stolen before it gets recorded.

The business underreports cash sales.

A ghost employee is created to defraud payroll.

A customer is billed for a service or product, but it gets recorded in the ledger at a lower amount.