Multiple Choice
Lapping is best described as the process of
A) applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts.
B) inflating bank balances by transferring money among different bank accounts.
C) stealing small amounts of cash,many times over a period of time.
D) increasing expenses to conceal that an asset was stolen.
Correct Answer:

Verified
Correct Answer:
Verified
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