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  3. Study Set
    Auditing Assurance Services Study Set 1
  4. Exam
    Exam 12: Audit of the Sales and Collection Cycle: Tests of Controls and Substantive Tests of Transactions
  5. Question
    The Process Which Postpones Entries for the Collection of Receivables
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The Process Which Postpones Entries for the Collection of Receivables

Question 8

Question 8

Multiple Choice

The process which postpones entries for the collection of receivables to conceal an existing cash shortage is referred to as:


A) cooking the books.
B) lapping.
C) kiting.
D) computer fraud.

Correct Answer:

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