Answered

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Multiple Choice Question

A capital budget is:

A. the firm's money that will be spent on government projects
B. needed for bank financing
C. made up of expenditures for the firm's headquarters
D. for spending plans on major purchases

Sagot :

GinnyAnsweridn

Final answer:

A capital budget is a firm's plan for spending on major purchases or long-term assets, involving decisions on investments for future returns.


Explanation:

A capital budget is a firm's plan for spending on major purchases or long-term assets. It includes expenditures on items like buildings, equipment, and infrastructure that are expected to generate profits in the future. Capital budgeting involves deciding on investments that will yield returns over an extended period.


Learn more about Capital Budgeting here:

https://brainly.com/question/33826149


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