The most difficult type of cash embezzlement for auditors to detect is when it occurs
A. after the merchandise has been shipped.
B. before the merchandise has been shipped.
C. before the cash is recorded in the cash receipts journal or other cash listing.
D. after the cash is recorded in the cash receipts journal or other cash listing.
Answer:C
The most difficult type of cash embezzlement for auditors to detect is when it occurs
A. after the merchandise has been shipped. B. before the merchandise has been shipped. C. before the cash is recorded in the cash receipts journal or other cash listing. D. after the cash is recorded in the cash receipts journal or other cash listing.