Budgeting for items such as equipment and furniture would be considered:

Name: Budgeting for items such as equipment and furniture would be considered:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Capital expenditures refer to funds used by a company to acquire, upgrade, and maintain physical assets such as property, buildings, technology, or equipment. Budgeting for items such as equipment and furniture falls under this category because these are long-term investments in the business.

Budgeting for Items Such as Equipment and Furniture Would Be