Question

Why are theft of cash through larceny schemes easier to detect than skimming schemes?

a) Larceny schemes involve large sums of cash
b) Skimming schemes are transparent
c) Larceny schemes do not leave an audit trail
d) Skimming schemes are heavily documented

Answer 1

Larceny schemes involving theft of cash are easier to detect because they involve large sums of cash, do not leave an audit trail, and skimming schemes are heavily documented.

Step-by-step explanation:

Larceny schemes involving theft of cash are easier to detect than skimming schemes for several reasons:

1. Larceny schemes involve large sums of cash, which makes them more noticeable and raises suspicions. For example, if a significant amount of money goes missing from a cash register, it will be immediately apparent.
2. Larceny schemes do not leave an audit trail because the cash is physically taken. In contrast, skimming schemes involve manipulating electronic records, making them harder to trace.
3. Skimming schemes are heavily documented because they require recording false transactions to cover up the theft. This documentation can be misleading and difficult to analyze.

In summary, the visibility of large sums of stolen cash and the lack of an audit trail make theft of cash through larceny schemes easier to detect than skimming schemes.