Question
Which of the following term describes the concealment
of shortage by delaying the recording of cash receipts?Solution
Lapping is a type of fraud which occurs when an employee alters accounts receivable records in order to hide the theft of cash . This is done by diverting a payment from one customer, and then hiding the theft by diverting cash from another customer to offset the receivable from the first customer.
44.89% of 600.25 + (29.98 × 5.67) + (√1940 – 10.29) = ?2
256.12 ÷ 7.92 + 26.11 × 7.82 – 44.09 = ?2Â
What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
What approximate value will replace the question mark (?) in the following?
18.99...
25.11% of 239.99 + √143.97 ÷ 12.02 = ?
350 ÷ 5 + 30 % of 180 + ? * 12 = 48 * √16
99.99% of 9.99 + 299.98% of 129.98 = ?2Â
(5.013 – 20.04) = ? + 9.98% of 6199.98
3.01√726 + 19.956% of 881.0954 + 25.08% of 2200.96 = ?
