Chapter 3 - Midpoint Assessment

An illustration showing a person stealing cash from a cash register, with a shadowy figure in the background representing fraud, in a modern retail environment.

Cash Larceny Awareness Quiz

Test your knowledge on cash larceny and its implications in the business world. This quiz is designed to enhance your understanding of fraudulent activities relating to cash handling.

3 engaging multiple choice questions
Learn about different types of fraud
Assess your knowledge level

3 Questions1 MinutesCreated by CleverThief321

What is cash larceny?

An accidental misstatement of cash flows

Theft of a company's cash before it is recorded in their books

Intentionally taking away an employer's cash without their consent

Cash larceny is the most common type of fraud when compared to skimming and fraudulent disbursements.

True

False

Which is NOT a way a larcenist could attempt to avoid detection at the point of sale?

Death by a thousand cuts

Pocketing cash directly from the customer without recording a sale

Altering/destroying register tapes

Reversing transactions

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