Kiting is possible when the same individual can issue and record checks.

Name: Kiting is possible when the same individual can issue and record checks.
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Quizplus · Accepted Answer

Kiting exploits the float (the time between the issuance of a check and its clearance at the bank) to artificially inflate bank balances by issuing or recording checks between accounts, which can indeed be facilitated if the same individual has the authority to both issue and record checks, as it allows for easier manipulation of transaction records.

Kiting Is Possible When the Same Individual Can Issue and Record