Lapping of accounts receivable is least likely to occur when there is an inadequate segregation of duties.

Name: Lapping of accounts receivable is least likely to occur when there is an inadequate segregation of duties.
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Lapping of accounts receivable is more likely to occur when there is an inadequate segregation of duties, as this lack of proper controls makes it easier for an individual to manipulate the records without detection.

Lapping of Accounts Receivable Is Least Likely to Occur When