1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SIZIF [17.4K]
3 years ago
10

Lapping is best described as the process of________.

Business
1 answer:
Mamont248 [21]3 years ago
5 0

Answer:

b. applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts is the correct answer.

Explanation:

  • Lapping is best described as the process of applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts.
  • Lapping is an illegal mode of allotting one consumer's cash to another consumer's account.
  • Lapping usually occurs in smaller businesses where a single person manages payment receipts and consumer billing.
  • Companies can stop and check lapping through conducting regular inspections of payment receipts and also by dividing cashier and billing tasks.

You might be interested in
It is important to identify and use only incremental cash flows in capital investment decisions:A) because they are the simplest
abruzzese [7]

Answer:

C) because ultimately it is the change in a firm's overall future cash flows that matter.

Explanation:

Under capital budgeting decisions, decisions are made with respect to addressing the questions like what is the benefit of selecting the project and investing on it.

If the answer to above question is raised income, then the project is selected. Accordingly the raised income in cash terms will be measured by increase in cash flows, that is incremental cash flows.

In simplest terms additional cash flows.

8 0
3 years ago
After segmenting and defining their target​ markets, what should retailers do​ next?
DIA [1.3K]
After the segmenting and defining their target markets, the next step that the retailers should take into consideration is the type of goods that they are going to sell. This answers the question, "What?" For example, being located near the schools, their target market are the students and they should also consider what type of goods are the students mostly in need of. 
4 0
3 years ago
Read 2 more answers
For the case of a perfectly price-discriminating monopolist (ppdm), producer surplus can be calculated as:
Marrrta [24]

Answer:

Explanation:

Producer surplus can be defined as the difference between how much a person can receive by selling a good at the market price versus how much a person would be willing to accept for the given quantity of good.

The Perfect Price Discrimination (1st degree price discrimination) will occur when an organization charges a different price for every unit consumed.

Producer surplus is formally given as PS = TR( q ppdm ) 0 q ppdm MC(q)dq

Where TR is the Total Revenue

For total cost and the definite integral of marginal cost over the range of output, we find that PS = TR( q ppdm ) TC( q ppdm ).

That is the sum of the consumer surplus and producer surplus is the total gains from trade.

8 0
3 years ago
Mountain Products has decided to raise $6 million via a rights offering. The company will issue one right for each share of stoc
storchak [24]
I think the answer is E
4 0
3 years ago
Why does an unsecured loan have a higher interest rate than a secured loan?
salantis [7]
The banker has a set amount he or she can say yes it ok for the loan .
after that the banker has to ask the manager then the manger has to ask people higher up so what happens is in the bank when they have to get others opinions what happens is they share the cost of the loan if not payed back as a loss to both not just one
6 0
2 years ago
Read 2 more answers
Other questions:
  • Which group works to help members establish internal political stability?
    6·2 answers
  • If xavier gives up a job in which he earns $23,000 per year in order to go to college full time, his foregone income is part of
    14·1 answer
  • A perfectly competitive firm initially is earning a normal profit. Then, a decrease in demand for the firm's product occurs. Of
    12·1 answer
  • Pat Smith is personnel director for a large bank. Her major goal is to find a person who can adapt his or her leadership to diff
    14·1 answer
  • Explain how you can protect a credit card from fraudulent use.
    14·1 answer
  • Suppose a customer is unable to pay its account on time, so the company accepts a six-month interest-bearing note receivable to
    12·1 answer
  • With respect to the consumer price index, the substitution bias arises because:
    12·1 answer
  • Which of the follow is not a common credit card fee
    14·1 answer
  • Why do overhead costs often shift from high-volume products to low-volume products when a company switches from a conventional c
    9·1 answer
  • Each of the following items would drive the need for layout planning except ______.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!