Examlex
Explain what a lapping scheme is, provide an example of a lapping scheme, and explain what the auditor should be alert for to detect a lapping scheme.
Dutch Loans
Financial loans provided by the Dutch to other countries or entities in the past, significant in early American history for helping to finance the American Revolutionary War.
Revolutionary War
The conflict between the thirteen American colonies and Great Britain (1775-1783) leading to American independence.
Chesapeake Gentry
Refers to the affluent, land-owning class in the Chesapeake Bay region during the colonial and early United States periods, characterized by their plantation economy and reliance on indentured servants and slaves.
Scottish Settler
An individual from Scotland who relocates to another country, often in the context of historical migrations.
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