Question: Anderson embezzled $ 2 0 , 0 0 0 from her company's account in Bank x . At year - end, she hid the shortage
Anderson embezzled $ from her company's account in Bank At yearend, she hid the shortage by making a deposit on December in Bank X drawn on Bank Y She has not recorded the transaction on the books. This is an example of:
Multiple Choice
Lapping.
Kiting.
Effective cash management.
Related party transactions.
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