The term referring specifically to the theft of goods by employees is:
A) embezzlement
B) shrinkage
C) pilferage
D) misappropriation

Question

Quizplus · Accepted Answer

Pilferage specifically refers to the theft of goods by employees. Embezzlement refers to the theft of money or assets by employees. Shrinkage is a broader term that encompasses various causes of inventory loss, including theft by employees and customers, damage, and errors. Misappropriation refers to the inappropriate use of funds or assets, which can include theft but also includes other types of misuse.

The Term Referring Specifically to the Theft of Goods by Employees