For each of the following scenarios numbered 1 through 5, match the scenario to the term (A through D) that it best describes.

Organize your response as follows:

• 1. Indicate A. B. C. or D.
• 2. Indicate A. B. C. or D.
• 3. to 5. (complete a indicated above)

Terms to use for scenarios [1] to [5] below:

• A. Embezzlement or defalcation
• B. Management fraud
• C. Errors
• D. Employee fraud

Scenarios (for each scenario indicate the letterfrom above that best describes the scenario):

____ [1]A bookkeeper inadvertently transposed an amount in a journal entry for amortization.

____ [2]An employee in a supermarket takes home bags of fresh fruit every day without paying for them.

____ [3]Embezzlement by pencil or computer.

____ [4]A type of fraud in which employees steal money or property that has been entrusted to their care.

____ [5]The controller changed the journal entry for recording estimated bad debt expense to a smaller amount to hide the poor results from extending credit to high risk customers. This action increased recorded income by a material amount.