Mel Turner, the runner for a small bookstore, had a bad habit of helping himself to cash from the deposit on the way to the bank. He covered his tracks by substituting a check from the next day's deposit for the amount he stole from the previous day's deposit. This is an example of what type of concealment?

Question

Quizplus · Accepted Answer

This scenario is an example of deposit lapping, which is the practice of diverting a deposit from one day to cover a shortage on a previous day, and then using the following day’s deposit to cover the diversion. This creates a cycle that covers up the theft of funds.

Mel Turner, the Runner for a Small Bookstore, Had a Bad