Which of the following terms best defines this scenario? The employee steals a payment from Customer X. To cover the theft, the employee applies a payment from Customer Y to Customer X's account. Before Customer Y has time to notice that its account has not been properly credited, the employee applies a payment from Customer Z to Customer Y's account.
a. Skimming.
b. Kiting.
c. Collateralizing.
d. Lapping.
Answer: D
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