When an Employee Who Is Authorized to Make Customer Entries

question 103

Multiple Choice

When an employee who is authorized to make customer entries in the accounts receivable subsidiary ledger purposefully enters cash received into the wrong customer's account, that employee may be suspected of

• A) kiting.
• B) lapping.
• C) floating.
• D) shorting.

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Definitions:

Overeducated

The state of having education or qualifications that exceed what is necessary for one's job or position.

Underemployed

Describes individuals working in a job that does not fully utilize one's skills, education, or availability, often resulting in less than desired work hours or undercompensation.

Foodie

An individual with a particular interest in food and culinary practices, often seeking new food experiences.

Narcissism

A psychological condition characterized by an inflated sense of self-importance, need for admiration, and lack of empathy for others.