An operating budget analyzes the firm's spending plans for long-lasting assets that require large sums of money.

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An operating budget analyzes the firm's spending plans for day-to-day operations, such as salaries, utilities, and supplies. A capital budget, on the other hand, analyzes spending plans for long-lasting assets that require large sums of money, such as buildings, equipment, and vehicles.

An Operating Budget Analyzes the Firm's Spending Plans for Long-Lasting