A capital budget reflects a business's plans for obtaining, replacing, and expanding physical facilities.

Name: A capital budget reflects a business's plans for obtaining, replacing, and expanding physical facilities.
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A capital budget is a financial plan that outlines a business's expected expenditures on long-term assets such as facilities, equipment, and property. It serves as a roadmap for a company's plans to acquire new assets, replace outdated equipment, and expand physical facilities.

A Capital Budget Reflects a Business's Plans for Obtaining, Replacing