James, the accounting manager of BigStock, Inc., is trying to catch up on his work after having just returned from a 12-week Family Medical Leave Act absence. While scrutinizing the bank reconciliations prepared by a temp during his leave, he noticed some anomaliesa deposit in transit that is more than 75 days old and five cleared checks with the same check number. James is more than curious about the identical check numbers. He logged onto the firms online banking system to check the details for each check. James fails to recognize the payees on three of the checks. James looks into the deposit in transit that is more than 75 days old and discovers that it consists of one check from an unknown payee. Explain your answers to the questions below in cogent, logical sentences that provide full explanations.

a. What type of scheme is James investigating? Explain in detail. No bullets.

b. Name at least three major tests James would have to run to identify this scheme. Bullets allowed.

c. Discuss at least ten other tests for the type of schemes James is investigating. Bullets allowed but not preferred.