During his examination of a January 19, 2020 cutoff bank statement, an auditor noticed that the majority of checks listed as outstanding at December 31, 2019, had not cleared the bank. This would indicate: Select one: . a high probability of lapping. O b. that the 2019 cash disbursements records had been held open past December 31, 2019. O C. a high probability of kiting. O d. that the 2019 cash disbursements records had been closed prior to December 31, 2019