What is the primary difference between pilferage and theft?
A)There is no difference between the two terms.
B)Pilferage involves a firm's own employees,while theft involves efforts from outsiders.
C)Theft refers to stolen merchandise worth more than $500.
D)Pilferage refers to stolen merchandise worth more than $500.

Question

Quizplus · Accepted Answer

Pilferage specifically refers to theft by a firm's own employees, distinguishing it from theft, which can be committed by anyone, including outsiders.

What Is the Primary Difference Between Pilferage and Theft