Certified Fraud Examiner Practice

The primary focus of cash larceny is on the direct theft of cash from an organization, particularly from its cash register or point-of-sale systems. This form of theft involves an employee taking cash that has already been recorded as sales or receipts, thereby manipulating the cash on hand to cover up the missing funds. This method can be particularly damaging as it directly affects the organization's financial records and can lead to significant losses.

In contrast, the other options pertain to different types of theft or fraudulent activities. The theft of customer credit card information involves a different type of fraud that primarily targets personal and financial data of customers rather than cash directly from an organization. Theft involving electronic transfers usually relates to unauthorized access or manipulation of electronic payments and transfers, which is distinctly different from the physical theft of cash. Forgery entails creating or altering documents for deceitful purposes, which again does not focus on the theft of cash in the way cash larceny does. Understanding these distinctions helps clarify the specific nature of cash larceny as being centered around the physical misappropriation of cash already recognized in a company's financial system.