A(n)________ specifies the amount of money a company plans to spend on specific items that have long-term use and require significant financial investments.
A) capital expense budget
B) mission statement
C) operating budget
D) white paper

Question

Quizplus · Accepted Answer

A capital expense budget is specifically for long-term investments in equipment, property, or other assets. This budget covers the costs of such items in the upcoming year(s) and can help companies plan for larger expenses.

A(n)________ Specifies the Amount of Money a Company Plans to Spend