A capital expenditures budget is included in a(n):
A)financial budget.
B)flexible budget.
C)production budget.
D)operating budget.

Question

Quizplus · Accepted Answer

A capital expenditures budget involves long-term investments in assets such as property, plant, and equipment. It is considered a part of the financial budget, which focuses on the overall financial plan of the organization. A flexible budget is a budget that adjusts to changes in activity levels, a production budget focuses on the quantity of products to be produced, and an operating budget covers the day-to-day expenses of running the business.

A Capital Expenditures Budget Is Included in A(n)