{"id":44272,"date":"2024-04-15T21:41:24","date_gmt":"2024-04-15T21:41:24","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=44272"},"modified":"2024-04-15T21:41:24","modified_gmt":"2024-04-15T21:41:24","slug":"money-embezzled-by-an-employee-of-a-trader-is","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/money-embezzled-by-an-employee-of-a-trader-is\/","title":{"rendered":"Money embezzled by an employee of a trader is:"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Capital Expenditure&#8221; option2=&#8221;Revenue Expenditure&#8221; option3=&#8221;Capital Expenses&#8221; option4=&#8221;Revenue Loss&#8221; correct=&#8221;option4&#8243;]<!--more--><\/p>\n<p>The correct answer is D. Revenue Loss.<\/p>\n<p>Capital expenditure is the cost of acquiring or improving fixed assets, such as land, buildings, and equipment. Revenue expenditure is the cost of goods and services that are used up in the current period, such as salaries, wages, and utilities. Capital expenses are costs that are incurred to acquire or improve long-term assets, such as land, buildings, and equipment. Revenue losses are decreases in revenue that are not due to normal business operations, such as theft or fraud.<\/p>\n<p>In the case of money embezzled by an employee, the trader has lost revenue that they would have otherwise received. This is a revenue loss, not a capital expenditure or revenue expenditure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Capital Expenditure&#8221; option2=&#8221;Revenue Expenditure&#8221; option3=&#8221;Capital Expenses&#8221; option4=&#8221;Revenue Loss&#8221; correct=&#8221;option4&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-44272","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Money embezzled by an employee of a trader is:<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/money-embezzled-by-an-employee-of-a-trader-is\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Money embezzled by an employee of a trader is:\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Capital Expenditure&#8221; 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