In accounting, ________ are utilized to spread large expenses over several years.
A) operating budgets.
B) capital budgets.
C) tactical budgets.
D) hardware and software budgets.
E) IT budgets.

Question

Quizplus · Accepted Answer

Capital budgets are used for long-term investments and expenses, such as the purchase of equipment, buildings, or other assets that will benefit the company over many years. These expenses are typically too large to be expensed in one year and therefore must be spread out over multiple years through the use of depreciation or amortization.

In Accounting, ________ Are Utilized to Spread Large Expenses Over