Lapping is a process of imbedding an abrasive in a soft material (the "lap) and using it to polish a harder surface. This is usually done with a shaped-to-fit lap, as in a cast lead lap in a gun barrel to fit the land and grooves exactly. In the case of the lapped forcing cone that you asked about, the lap is a brass, aluminum, or lead cone that takes on the dimensions of the lapped area. It is coated with fine abrasive or polishing powder and oil, and spun in an electric drill motor or with a drill press, or lathe.
The so-called "fire lapping" method of firing abrasive-charged slugs through a gun barrel is intended to be a quick method of smoothing a rough bore or forcing cone. What it usually does is ruin the barrel for any hope of serious accuracy.