The process of ______ occurs when an employee steals the deposit from day one then replaces it with day two's deposit. Day tow is replaced with day three, and so on.

Question

Quizplus · Accepted Answer

The process described in the question is lapping, which involves the theft of one day's deposit and the subsequent replacement with the following day's deposit. Kiting involves creating false credit balances by transferring funds between accounts, coring involves stealing the center of a roll of cash (leaving the outer bills intact), and padding involves inflating expenses to receive extra funds.

The Process of ______ Occurs When an Employee Steals the Deposit