Challenger App

No.1 PSC Learning App

1M+ Downloads
Lapping" is

ACash

BGoods

CBoth Cash and Goods

DStock

Answer:

A. Cash

Read Explanation:

Lapping is a type of cash misappropriation where receipts from one customer are used to cover the theft of receipts from another customer.


Related Questions:

Friedrich Wilhelm Raiffeisen was born in ………….
Under social infrastructure, lending loans up to a limit of Rs. ---- per borrower for building Health care facilities including under ‘Ayushman Bharat’ in Tier ll to Tier VI centers is now classified under Priority Sector
Which of the following statements is true about credit creation by banks?
Kera is the product of
No Part of the funds other than of the society shall be paid by way of bonus or dividend or otherwise distributed among members: