One fraudulent scheme covers up a theft by creating cash through the transfer of money between banks. This is known as
A) lapping.
B) misappropriation of assets.
C) kiting.
D) concealment.
Answer: C
One fraudulent scheme covers up a theft by creating cash through the transfer of money between banks. This is known as
A) lapping.
B) misappropriation of assets.
C) kiting.
D) concealment.
Answer: C