Question

An employee who pockets cash received from a customer without recording the transaction is an example ofâ a(n):

a. expense scheme.
b. cash register scheme.
c. disbursement scheme.
d. check tampering scheme.

Answer 1

The correct option is B. Cash register scheme is a type of fraud scheme in which an employee falsely document a refund for a returned product and pocket the money meant for the refunding. It may also occur in form of accepting cash from customers without recording it in the cash register.