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3 years ago

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.

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To increase the money supply, the FOMC directs the trading desk, located at the Federal Reserve Bank of New York, to A. sell

andrezito [222]

Answer:

. D. print U.S. Treasury securities and distribute them to banks

Explanation:

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2 years ago

Which is a business likely to need to secure startup capital from a venture capitalist?

EleoNora [17]

Any business that is in the tech business, where massive amounts of money go for development and for producton are companies that are very likely to need startup capital from some sort of investor; in this case it can be a venture capitalist but it can also be any other type of investor.

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3 years ago

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You are in talks to settle a potential lawsuit. The defendant has offered to make annual payments of $28,000, $32,000, $66,000,

larisa86 [58]

Answer:

$202,137.90

Explanation:

Year Annual payment Discount factor Present value

1 $28,000 0.965250965 $27,027.03

2 $32,000 0.931709426 $29,814.70

3 $66,000 0.899333423 $59,356.01

4 $99,000 0.868082454 $85,940.16

Total present value $202,137.90

The discount factor should be computed by

= 1 ÷ (1 + interest rate)^years

where,

rate is 3.6%

Year = 0,1,2,3,4 and so on

6 0

3 years ago

Etmer enterprises has budgeted sales for the next four months as follows: budgeted sales in units january 7,400 units february 4

Artyom0805 [142]

Units to be produced in February is calculated as -

Units to be produced in February = February sales + Ending inventory of February - Beginning inventory

February sales = 4,600 units

Ending inventory = 25 % * Sales of March = 25 % * 5,300 units = 1,325 units

Beginning inventory - 25 % * Sales of February = 25 % * 4,600 unit = 1,150 units

Units to be produced in February = 4,600 units + 1,325 units - 1,150 units

Units to be produced in February = 4,775 units

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2 years ago

WILL GIVE BRAINLIEST

beks73 [17]

Answer:

Explanation:

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2 years ago

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