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10 June, 07:39

What is a budget for major investment expenditures called?

a. capital budget.

b. real property.

c. balanced budget.

d. operating budget.

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  1. 10 June, 09:38
    0
    Capital budget is the budget for major investment expenditures. Capital budgeting is the process of planning whether a certain investment will be a long term investment or a short term investment. Expenditure is the amount of money spent for a certain investment.
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