Final answer:
Theft of cash through skimming involves taking cash before it's recorded in the business's books, often conducted by employees not registering a transaction. If accused of such an act, the individual must address and potentially reconcile any discrepancies. Identity theft is a different issue wherein personal information is stolen and used without permission.
Step-by-step explanation:
Theft of cash through skimming refers to the act of taking cash before it's recorded in the business's accounting system. This usually involves an employee or some other individual taking money from a transaction without registering the sale or service, so the business isn't aware of the theft because it isn't reflected in the books. One way this could happen is if a cashier at a retail store takes some of the cash payments they receive throughout the day without registering all of them on the cash register. If questioned about shortfalls, the employee would need to address the discrepancy, possibly showing the legitimacy of their transactions or working with the business to uncover any mistakes in record-keeping that might explain the shortfall.
Identity theft, on the other hand, involves acquiring a person's personal information and using it without their permission. This can lead to draining of savings accounts and fraudulent activities which can be much more damaging and harder to track than skimming.