Which of the following budgets allows management to forecast future requirements related to property, facilities, and major equipment?
A) Revenue budget
B) Expense budget
C) Cash budget
D) Capital expenditure budget
E) Fixed asset budget

Question

Quizplus · Accepted Answer

The capital expenditure budget allows management to forecast future requirements related to property, facilities, and major equipment. This budget details the amount of money that the organization plans to spend on long-term assets and capital expenditures for the coming year.

Which of the Following Budgets Allows Management to Forecast Future