Which of the following capital expenditures may not appear in a firm's capital budget?
i.investment in a new factory; II)investment in a new machine; III)investment in training employees
A)I only
B)II only
C)III only
D)I and II only

Question

Quizplus · Accepted Answer

While investments in a new factory and a new machine are typical capital expenditures that would appear in a firm's capital budget, investment in employee training may not be classified as a capital expenditure but rather an operating expense. Therefore, option C)III only is the best choice.

Which of the Following Capital Expenditures May Not Appear in a Firm's