Which of the following terms is defined as the theft of company assets after the company has recorded the assets in its books?
A) Fraud
B) Corruption
C) Skimming
D) Larceny

Question

Quizplus · Accepted Answer

Larceny refers to the theft of company assets after the company has recorded these assets in its books, distinguishing it from skimming, where the theft occurs before the assets are recorded.

Which of the Following Terms Is Defined as the Theft