The Theft of Assets by a Non-Management Employee Is Termed

question 73

Multiple Choice

The theft of assets by a non-management employee is termed:

• A)Inventory theft
• B)Employee fraud
• C)Expense account fraud
• D)Skimming

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Definitions:

Obtain Resources

The act of securing the assets, finances, or materials required by a business or organization to operate and achieve its objectives.

Corporation

A legal entity that is separate and distinct from its owners, capable of owning property, carrying on business, and suing or being sued.

Book Publisher

A company or individual responsible for the reproduction, marketing, and distribution of books.

Manufacturing Business

A type of business that produces goods through the process of raw materials conversion using labor, machinery, and equipment.