1. At some point in a Ponzi Scheme which of the following is not one of the three things that will happen:

a.The promoters will vanish, taking all the investment money with them.

b.The scheme will collapse under its own weight.

c.The scheme will be covered up as charges are made to expense accounts.

d.The scheme is exposed, because when legal authorities begin examining accounting records of the so-called enterprise.

2. In reference to cash larceny which of the following is false?

	a.	Cash larceny involves the intentional taking of an employers cash without their consent
	b.	Cash larceny involves the intentional taking of an employers cash against the will of the employer without their consent.
	c.	Cash larceny involves the intentional taking of an employers cash before it is recorded on the companys books.
	3. Regardless of who skims money or the method used, the accounting effect will always be that revenue will be higher while the expenses associated with producing it will be lower. True False	d.Cash larceny involves the theft of money that has already appeared on the victim companys books.