Use these terms to complete the statements that follow. You can use a term more than once or not at all.

a. When a company has recorded a deposit but the bank has not yet processed it, this item is a/an ________ .
b. ________  occurs when management prepares misleading financial statements.
c. A/An ________ is an optional attachment to a check that lists the payer, date, and amount of the payment.
d. An organization’s system of procedures designed to safeguard its assets and encourage adherence to the company’s policies is called the system of ________.
e. When a company has issued a check but the check has not yet been processed or paid by the bank, this item is a/an ________ .
f. The ________ is responsible for the accounting systems in an organization.
g. A/An ________ is an electronic barrier that prevents unauthorized access to an organization’s computer network.
h. The ________ is typically responsible for cash handling and cash management.
i. A/An ________ is prepared to explain the difference between the cash on the books versus the bank cash balance.
j. Investments such as time deposits and certificates of deposit are ________ .
k. Petty cash can be accounted for using a/an ________ .
l. An insurance policy that reimburses a company for any losses due to employee theft is a/an ________ .
m. Motive, opportunity, and rationalization are elements of the ________ .
n. The fraudulent practice of creating bogus websites or sending fake e-mails to get individuals to share personal information such as birthdays, passwords, and credit card numbers is called ________ .
o. When employees steal assets from an organization, it is called ________ .

Transcribed Image Text:

Bank reconciliation Cash equivalents Controller Deposits in transit Fidelity bond Firewall Misappropriation of assets Outstanding check Fraud triangle Fraudulent financial reporting Imprest system Internal control Phishing Remittance advice Treasurer