Lapping of Accounts Receivable Is Least Likely to Occur When

question 67

True/False

Lapping of accounts receivable is least likely to occur when there is an inadequate segregation of duties.

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Definitions:

Collapse

In computing, a function that allows users to hide or minimize sections of content, such as tree structures or menus, to reduce on-screen clutter and focus on specific information.

If Program Flow

A logical conditional statement in programming that executes different code blocks based on whether the condition is true or false.

Macro Design View

An overview or interface within software that allows users to create, edit, and manage macros or automated sequences of tasks.

Program Flow

The order in which instructions or statements are executed or evaluated in a software program.