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Lapping Accounting Lah Ping Noun Practice Falsifying Records Conceal

Front lapping
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(LAH-ping), noun

The practice of falsifying accounting records to conceal a shortage caused by theft or loss, usually by posting a financial transaction to an accounting period other than the one during which it actually took place.

Even after Skyler was indicted, he could not accept that LAPPING was an objectionable practice.

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