What does cash theft refer to?

Boost your career with the ETA Certified Payments Professional (CPP) Exam. Learn with flashcards and multiple choice questions, including hints and explanations. Prepare for your success!

The term "cash theft" specifically refers to the act of physically stealing currency or cash from a business. This could occur during a robbery or other similar situations where tangible cash is taken. The correct answer would focus on this aspect of theft.

When considering the choices, it's important to recognize that each describes a different type of theft or fraud. The term does not typically apply to online activities or digital transactions, making the option regarding online theft involving unauthorized access to a payments account inaccurate in this context. Additionally, the fraudulent return of merchandise for cash relates more to consumer fraud rather than the direct theft of cash. Finally, financial fraud involving forgery of checks falls under a separate category of financial crime unrelated to the physical theft of cash. Therefore, the most accurate understanding of cash theft aligns with the idea of stealing physical currency from a business.

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