Expenditures that pay for long lasting agency assets, such as a building are included in the

Question

Quizplus · Accepted Answer

Capital expenditures are those that are invested in long-term assets, such as buildings or equipment, that are expected to provide ongoing benefits for the agency. These types of expenditures are typically included in a capital budget, which is separate from the operational budget that covers day-to-day expenses. Thus, the best choice is A) capital budget.

Expenditures That Pay for Long Lasting Agency Assets, Such as a Building