Which of the Following Is Not a Skimming Scheme

question 43

Multiple Choice

Which of the following is not a skimming scheme?

• A) Misappropriate customer payments and write off the receivable as "uncollectible'
• B) Intercept checks intended for a third party and convert the checks to cash for their own use
• C) Understate sales and collections by recording false or larger-than-reality sales discounts
• D) Collude with customers so that they either pay later than required or less than required

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Definitions:

Inside Address

The recipient's address in a letter, typically placed below the sender's address or at the top left of the letter.

Addressee's

Referring to the recipient of a letter or message.

Business Affiliation

A relationship between businesses, such as partnerships or memberships in associations, that can influence company operations and networking.

Double-spaced

Refers to text formatting where there is a full blank line between each line of text, commonly used in document formatting for readability.