An average teenagers/ young adults net worth is $9,632
President of the United States
The total amount of money you owe other people. the answer is debt
Lapping is best described as the process of <u>B. applying </u><u>cash receipts</u> to a different customer's account in an attempt to conceal previous thefts of cash receipts.
<h3>What is Lapping?</h3>
Lapping is an employee stealing scheme revolving around the application of cash receipts.
Lapping can be traced by tracing the application of cash receipts to customers' accounts.
Routine application of cash receipts to wrong customer accounts proves evidence of a lapping scheme.
Thus, Lapping is best described as the process of <u>B. applying </u><u>cash receipts</u> to a different customer's account in an attempt to conceal previous thefts of cash receipts.
Learn more about lapping schemes at brainly.com/question/14846195
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