The _____ plans future investments in major assets to be depreciated over several years.
A) capital budget
B) balance sheet budget
C) cash budget
D) revenue budget
E) profit budget

Question

Quizplus · Accepted Answer

A capital budget outlines the planned investments in major assets that are expected to last for several years and will be depreciated over time. This budget helps organizations plan for and allocate resources towards long-term investments that are necessary for growth and development. The other options, such as balance sheet budget, cash budget, revenue budget, and profit budget do not specifically focus on the planning and allocation of resources towards major asset investments.

The _____ Plans Future Investments in Major Assets to Be