BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Meaning of employee theft in English the crime of employees stealing from the company they work for: Nearly half of all retailers’ inventory losses can be attributed to employee theft.

Detailed explanation-2: -Another common type of internal theft is cash larceny, which involves stealing money that has already been recorded in a company’s books. Like other fraud schemes, it can take many forms, such as altering cash accounts, stealing cash from the register, or altering the register tape.

Detailed explanation-3: -Internal theft is committed by someone inside your business. Internal theft includes embezzlement, employee shoplifting and fraud. Although it can be hard to believe that a trusted employee would steal from you, it is important to take precautions.

Detailed explanation-4: -External theft is when someone outside of an organization steals from the organization. There are many different types of external theft. Here is a simple definition of external theft: External theft definition: External theft is when someone outside of a company steals from the business.