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Danielle boyle, cfe, was hired to investigate some suspicious activity in the accounts receivable department at red technologies. while examining the company's accounting records, she noticed several payments posted to customers' accounts that were later reversed with journal entries to "courtesy discounts." what type of scheme might this situation indicate

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mirrorkitten

The answer to the question is cash larceny of receivables. Cash larceny means that an individual or group has taken away an employer’s cash without the consent and against the will of the employers.

In other words, the employee has stolen money from the employer though the transaction is recorded in the books. In the case that Danielle is handling, it seems that the receivables have been taken by the employee.

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