Answered: the plumber. Instead, Baker took the…

the plumber. Instead, Baker took the check home signed the plumber's name on the back, and had her husband cash the check at their grocery store. Baker committed which of the following schemes?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 4TP: The vice president of finance asks the accounts payable (AP) clerk to write a check in the name of...

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Question

Cain, the authorized signer on his company's
accounts, prepared and signed a check payable to
the
company's plumber. He gave the check to Baker,
his secretary, and asked her to mail the check to
the plumber. Instead, Baker took the check home,
signed the plumber's name on the back,
and had her husband cash the check at their
grocery store. Baker committed which of the
following schemes?
a. An authorized maker scheme
O b. A forged endorsement scheme
O c. An altered payee scheme
O d. A forged maker scheme

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