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    Auditing and Assurance Services Study Set 2
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    Exam 23: Audit of Cash and Financial Instruments
  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 6

Question 6

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) lapping.
C) scamming.
D) embezzling.

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