Sue Meyers was an accounts receivable clerk for an insurance broker. When premium payments were received, she would steal the check of every tenth customer and cash it at a liquor store. To conceal her scheme, she would credit the account of the customer that she stole from with a payment that was received from another customer's account. This is an example of:

Question

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This is an example of lapping, which involves the theft of a customer's payment and covering it up by applying payments from other customers' accounts.

Sue Meyers Was an Accounts Receivable Clerk for an Insurance