Which of the following statements is false?

Question

Quizplus · Accepted Answer

A capital expenditure budget shows costs associated with long-term investments in assets such as property, equipment, and facilities. These costs are not directly related to the production process, and so options A and B are true. Option C is also true because an increase in production facilities is a long-term investment. However, option D is false because a capital expenditure budget does not typically show planned expenditure for direct materials, which are short-term expenses related to the production process.

Which of the Following Statements Is False