When making decisions to purchase new equipment,managers look into the capital expenditure budget of an organization

Question

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Managers do consider the capital expenditure budget of an organization when making decisions to purchase new equipment. This budget comprises the money set aside by an organization for long-term investments in assets such as equipment, buildings, and machinery. Therefore, purchasing new equipment would involve analyzing the amount allocated to the capital expenditure budget to ensure that the decision aligns with the organization's long-term goals and objectives.

When Making Decisions to Purchase New Equipment,managers Look into the Capital