What Is the Largest Single Category of Larceny-Theft

question 15

Multiple Choice

What is the largest single category of larceny-theft?

• A) laptops
• B) portable electronic devices
• C) cell phones
• D) motor vehicle parts

---

Definitions:

Credit Extension

Credit extension is the process by which a lender provides funds or permits a borrower to purchase goods or services now with the promise to pay in the future.

Receivables Financing

A type of financing where a company uses its accounts receivable as collateral for a loan.

Carrying Cost

The total cost of holding inventory, including storage, insurance, taxes, depreciation, and opportunity costs.

Economic Order Quantity

A formula used in inventory management to determine the optimal order size that minimizes total costs related to acquiring, holding, and replenishing inventory.