________ specifies when items such as acquisitions for buildings and special-purpose equipment must be made to meet activity level objectives.
A)The capital-spending plan
B)The production plan
C)The materials purchasing plan
D)The administrative and discretionary spending plan

Question

Quizplus · Accepted Answer

The capital-spending plan is a financial plan that outlines long-term investments in buildings, equipment, and other physical assets needed to support the production process. This plan specifies when acquisitions for these assets must be made to meet activity level objectives, making it the best choice for the given question. The production plan focuses on the production process, the materials purchasing plan focuses on the procurement of raw materials and supplies needed for production, and the administrative and discretionary spending plan covers a wider range of expenses including salaries, marketing, and research and development.

________ Specifies When Items Such as Acquisitions for Buildings and Special-Purpose