Embezzlement

A form of stealing usually by an employee. The most common form is the taking of cash and goods.

Skimming in Business

Skimming in Business

Skimming is a generic term referring to taking a little bit off the top.  In dairy, it refers to the cream at the top of the milk pail.  In painting, it refers to a very thin coat of paint to identify imperfections with the wallboard.  In business, it means taking a little bit of the revenue without recording the revenue to the books of record.  It is very common in your cash based operations.  

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