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    Question

    A budget that outlines the planned expenditures for

    major capital assets like machinery and buildings is the:
    A Operating Budget Correct Answer Incorrect Answer
    B Cash Budget Correct Answer Incorrect Answer
    C Capital Budget Correct Answer Incorrect Answer
    D Sales Budget Correct Answer Incorrect Answer

    Solution

    The Capital Budget is a plan for a company's long-term investments in major physical goods or projects. It involves the evaluation and planning of large expenditures on projects that will have benefits over many years.

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