An employee bills customers for the amount of the item or service purchased, but the employee records lower purchases in the ledger and steals the money. What type of fraud is this?

A) accounts receivable fraud

B) inventory fraud

C) accounts payable fraud

D) Ponzi scheme

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An employee bills customers for the amount of the item or service purchased, but the employee records lower purchases in the ledger and steals the money. What type of fraud is this?A) accounts receivable fraudB) inventory fraudC) accounts payable fraudD) Ponzi scheme

An employee bills customers for the amount of the item or service purchased, but the employee records lower purchases in the ledger and steals the money. What type of fraud is this?

A) accounts receivable fraud

B) inventory fraud

C) accounts payable fraud

D) Ponzi scheme