Melissa has been assigned to work on the development of a budget that plans future investments in major assets such as buildings and heavy machinery. Melissa is working on a(n)
A) cash budget.
B) capital budget.
C) revenue budget.
D) operating budget.
E) expense budget.

Question

Quizplus · Accepted Answer

Melissa is working on a capital budget, which is specifically focused on long-term investments in major assets such as buildings and heavy machinery. A cash budget, revenue budget, operating budget, and expense budget are all focused on different aspects of a company's financial planning and management.

Melissa Has Been Assigned to Work on the Development of a Budget