The ________ budget is used to evaluate expenditures that will impact the business for more than one year.

Question

Quizplus · Accepted Answer

The capital budget is used to evaluate expenditures that will impact the business for more than one year, such as investments in property, equipment, and infrastructure. The production budget relates to the expected output of goods or services, the operating budget looks at the day-to-day expenses of the business, and the depreciation budget deals with the reduction in value of assets over time.

The ________ Budget Is Used to Evaluate Expenditures That Will