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    Auditing The Art and Science
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    Exam 17: Audit of Cash Balances
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    The Process of Transferring Money from One Bank Account to Another
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The Process of Transferring Money from One Bank Account to Another

Question 14

Question 14

Multiple Choice

The process of transferring money from one bank account to another and improperly recording the transaction in both accounts is called


A) lapping.
B) embezzling.
C) kiting.
D) a scam.

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