A capital budget involves large expenditures for long-term investments, such as buildings or highways.

Question

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A capital budget involves investing large amounts of funds into long-term projects such as buildings, roads, bridges, and other infrastructure. These investments are intended to provide benefits over an extended period, often decades, and may require significant debt financing or a long-term commitment of resources from the organization.

A Capital Budget Involves Large Expenditures for Long-Term Investments, Such