Applying the payment from one customer to another customer's account to cover up the theft of cash is known as 'lapping.'

Name: Applying the payment from one customer to another customer's account to cover up the theft of cash is known as 'lapping.'
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Lapping is a fraudulent practice where a cash received from one customer is misappropriated and logged as if it were received from another customer, thus concealing the original theft.

Applying the Payment from One Customer to Another Customer's Account