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Kiting is when you write a check on an account without having funds. You receive cash without having the funds to back it up.

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11y ago

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Rebecca Kiting was born on 1991-05-08.


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What are the consequences of engaging in credit kiting?

Engaging in credit kiting can lead to serious consequences such as financial penalties, legal action, damage to credit score, and potential criminal charges for fraud.


What is managing cash?

An cash management is related to the finance from where the funds or cash came and where we uses it but when it done on internationally its call international cash management.


What does cash in hand is considered to be?

Work done for 'cash in hand' is unrecorded and untaxed by the government.


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What can a company do to prevent kiting?

Kiting is writing a bad check to get money to deposit in a bank account to cover another outstanding check. While this practice used to be very common, it is much harder to do now that so many companies process checks electronically. To prevent kiting, a company should process all checks at the end of the day.


How does kiting relate to other things?

In the context of gaming or sports, kiting refers to the technique of keeping a safe distance from an opponent while attacking or defending. It involves a combination of movement and skill to outmaneuver the opponent effectively. Kiting can also be used in other contexts to describe the act of flying a kite, which involves controlling the kite's movement using wind and string.


What is power kiting?

where you get a powerful kite to pull you along with a all-terrain board