Isadora, a finance manager, is budgeting for the company's new line of production equipment. This equipment, which will be used for 20 years or more, is handled out of a(n) ________ budget.

Question

Quizplus · Accepted Answer

The process of analyzing the needs of the business and selecting the fixed assets that will maximize its value is called capital budgeting, and the capital budget is the amount of money budgeted for investment in such long-term assets.

Isadora, a Finance Manager, Is Budgeting for the Company's New