Forter Consultants is a firm that provides cloud computing and remote storage services to firms in the United States.The company plans to buy more servers to increase its operating and storing capacity.It also creates a budget for the purchase and it estimates the total cost to be about $3 million.The budget created for this transaction is an example of a(n)________ budget.
A) operating
B) project
C) master
D) launch
E) capital

Question

Quizplus · Accepted Answer

A)Capital budget is a budget that outlines expenditures for real estate, new facilities, major equipment, and other capital investments. The given case describes budgeting for buying capital equipment.
B)Capital budget is a budget that outlines expenditures for real estate, new facilities, major equipment, and other capital investments. The given case describes budgeting for buying capital equipment.
C)Capital budget is a budget that outlines expenditures for real estate, new facilities, major equipment, and other capital investments. The given case describes budgeting for buying capital equipment.
D)Capital budget is a budget that outlines expenditures for real estate, new facilities, major equipment, and other capital investments. The given case describes budgeting for buying capital equipment.
E)Capital budget is a budget that outlines expenditures for real estate, new facilities, major equipment, and other capital investments. The given case describes budgeting for buying capital equipment.

Forter Consultants Is a Firm That Provides Cloud Computing and Remote