What Is Lapping Accounts Receivable

What is lapping accounts receivable?

A) A way to speed up the collection of accounts receivable by calling the debtors every week.
B) A way to speed up the collection of accounts receivable by sending reminder notices to the debtors every week.
C) Transferring accounts receivable to another company to collect the receivables.
D) An embezzlement scheme whereby an employee steals customers' checks and uses devious bookkeeping procedures to conceal the theft.