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    Auditing Assurance Services
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    Exam 16: Audit of transaction cycles and financial statement balances II
  5. Question
    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 128

Question 128

Multiple Choice

The process of transferring money from one bank account to another and improperly recording the transaction is referred to as:


A) kiting.
B) embezzling.
C) scamming.
D) lapping.

Correct Answer:

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