Which of the following shows a firm's spending plans on fixed assets such as large equipment?
A) Capital budget
B) Operating budget
C) Cash budget
D) Surplus budget

Question

Quizplus · Accepted Answer

A capital budget shows a firm's spending plans on fixed assets such as large equipment. The operating budget shows a firm's spending plans on day-to-day activities, while a cash budget forecasts cash inflows and outflows. A surplus budget is not a common type of budget.

Which of the Following Shows a Firm's Spending Plans on Fixed