Which of the following is most likely to be included as part of a capital budget?
A) Amount to be spent on wages
B) Amount to be spent on rent
C) Amount to be spent on insurance
D) Amount to be spent on heavy machinery

Question

Quizplus · Accepted Answer

A capital budget typically includes expenditures related to acquiring or improving long-term assets such as heavy machinery. Wages, rent, and insurance are typically included in an operating budget.

Which of the Following Is Most Likely to Be Included