Question: Kiting can best be defined as a situation in which Multiple Choice An entity employee is diverting deposits to his personal bank account. Entity checks

Kiting can best be defined as a situation in which
Multiple Choice
An entity employee is diverting deposits to his personal bank account.
Entity checks include unauthorized signatures.
An employee fraudulently covers a cash shortage by transferring money from one bank account to another.
The entity fails to complete bank reconciliations on a timely basis.

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