A ________ budget is used for the cost of fixed assets, such as plants and equipment, that are usually treated as investments instead of as regular expenses.
A)master
B)cash
C)capital
D)production
E)sales

Question

Quizplus · Accepted Answer

A capital budget is used to account for the cost of long-term investments, such as fixed assets (e.g. plants and equipment), which are not expensed in the same period but rather depreciated over time. The other budgets listed focus on more immediate expenses and revenue projections.

A ________ Budget Is Used for the Cost of Fixed