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Larceny is the scheme in which an employee simply takes inventory from the company premises without attempting to conceal it in the books and records.
Suggested Answer: D
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30 comments · newest first
BI
Billye
12 months ago
True, but it seems like a risky move for an employee.
LI
Lindsey
12 months ago
Yeah, I've heard of cases like that. It's wild!
CR
Cristen
12 months ago
Wait, really? Just taking it without hiding it? Sounds too easy.
IR
Irma
1 year ago
I disagree, larceny usually involves some level of concealment.
RO
Robt
1 year ago
That's definitely true, larceny is about taking stuff outright.
GI
Gilbert
1 year ago
I’m pretty sure larceny involves taking something without permission, but I’m confused about whether it has to be hidden in the records or not.
NO
Noemi
1 year ago
This sounds familiar, but I feel like larceny typically requires intent to permanently deprive the owner, which might not fit here.
MI
Mireya
1 year ago
I remember a practice question where larceny was defined more broadly, but I’m not entirely sure about this specific wording.
DO
Dottie
1 year ago
I think larceny usually involves some level of concealment, so I’m leaning towards False.
LA
Larae
1 year ago
Real-time simulation is an important aspect of MIL testing, so I'll pay close attention to that detail.
AR
Art
1 year ago
Okay, I think I've got this. The key is to look for DRM objects that can be shared between the Product and Market hierarchies.
DE
Dean
1 year ago
I'm a bit confused by the wording of the question. I'll need to read through the options carefully to determine which statements are true.
KE
Kenneth
1 year ago
I'm feeling quite 'larcenous' about this question. B) False, but I'm tempted to just take the answer key instead.
LI
Lilli
1 year ago
B) False, but I'm tempted to just take the answer key instead.
MI
Miles
1 year ago
B) False
MA
Maile
1 year ago
A) True
ME
Melissia
1 year ago
I'm stealing this question to use on my own exam. B) False, end of story.
NI
Nilsa
1 year ago
Ha! This question is a real 'steal' from the textbook. Larceny is larceny, no matter how you slice it.
NO
Novella
1 year ago
B) False, of course. Larceny implies taking something without the owner's consent, regardless of whether it's concealed or not.
JI
Jill
1 year ago
B) False, of course. Larceny implies taking something without the owner's consent, regardless of whether it's concealed or not.
NA
Natalie
1 year ago
B) False
VE
Veronika
1 year ago
A) True
ER
Erick
1 year ago
Wow, this is a tricky one! I thought larceny always involved some kind of concealment. Guess I need to brush up on my theft terminology.
AS
Ashleigh
1 year ago
A) True
CH
Chandra
1 year ago
I always thought the same thing! It's interesting to learn the specifics.
AN
Anastacia
1 year ago
B) False
LE
Leota
1 year ago
A) True
AL
Aleisha
2 years ago
Why do you think it's false?
SH
Shawnta
2 years ago
I disagree, I believe it's false.
AL
Aleisha
2 years ago
I think the statement is true.