QuestionJune 6, 2025

Which of the following shows a firm's spending plans on fixed assets such as large equipment? operating budget cash budget capital budget surplus budget

Which of the following shows a firm's spending plans on fixed assets such as large equipment? operating budget cash budget capital budget surplus budget
Which of the following shows a firm's spending plans on fixed assets such as large equipment?
operating budget
cash budget
capital budget
surplus budget

Solution
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Answer

capital budget Explanation 1. Identify the budget type A firm's spending plans on fixed assets, like large equipment, are typically outlined in a **capital budget**. This budget focuses on long-term investments and capital expenditures.

Explanation

1. Identify the budget type<br /> A firm's spending plans on fixed assets, like large equipment, are typically outlined in a **capital budget**. This budget focuses on long-term investments and capital expenditures.
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