Conditions conducive to lapping exist when an individual who handles cash receipts also maintains the accounts receivable ledger.

Name: Conditions conducive to lapping exist when an individual who handles cash receipts also maintains the accounts receivable ledger.
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Question

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This situation creates an opportunity for lapping because the individual could manipulate the accounts receivable ledger to cover up the misappropriation of cash receipts, making it difficult to detect discrepancies.

Conditions Conducive to Lapping Exist When an Individual Who Handles