Which is an example of fraudulent bookkeeping on the income side?
question 8 options:
a customer is billed for a service or product, but it gets recorded in the ledger at a lower amount.
a fake invoice is submitted and paid.
a ghost employee is created to defraud payroll.
illegal money is rendered legal in a three-step process.

A customer is billed for a service or product, but it gets recorded in the ledger at a lower amount is an example of fraudulent bookkeeping on the income side. This fraud would likely happen in the account receivable department of a company which generates sales for its function. The sale is the primary source of company's operational income.