Factors that would lead an employee to commit a lapping scheme include:
A)a proper separation of duties.
B)not allowing the bookkeeper to access to cash.
C)appropriately monitoring the activities of employees who handle cash.
D)allowing employees to not take time off for earned vacations.

Question

Quizplus · Accepted Answer

All the other options listed are controls to prevent or detect lapping schemes. Allowing employees to not take time off for earned vacations can be a contributing factor in creating an opportunity for an employee to commit a lapping scheme. By not taking time off, an employee can create a longer period to cover up the fraudulent activity, and no one else will be able to discover the scheme during the employee's absence.

Factors That Would Lead an Employee to Commit a Lapping