When examining a master budget,where does a company find the planned expenditures for facilities and equipment?
A) operating expense budget
B) capital budget
C) operating budget
D) purchases budget

Question

Quizplus · Accepted Answer

Planned expenditures for facilities and equipment are typically found in the capital budget, which focuses on long-term investments in fixed assets. The operating expense budget pertains to day-to-day expenses and does not usually include capital expenditures. The operating budget may include some capital expenditures if they are necessary for ongoing operations, but it is not the primary source for planned capital expenditures. The purchases budget typically focuses on inventory and raw materials rather than facilities and equipment.

When Examining a Master Budget,where Does a Company Find the Planned