GK
ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Capital budgeting is known as
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Profit
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Cost of Sales
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Cost of Product
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Capital Expenditure
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Explanation:
Detailed explanation-1: -A capital expenditure budget is a formal plan that states the amounts and timing of fixed asset purchases by an organization. This budget is part of the annual budget used by a firm, which is intended to organize activities for the upcoming year.
Detailed explanation-2: -The capital budgeting process is also known as investment appraisal.
Detailed explanation-3: -Capital expenditure is the money used to buy, improve, or extend the life of fixed assets in an organization, and with a useful life for one year or more. Such assets include things like property, equipment, and infrastructure.
Detailed explanation-4: -Capital budgeting is also known as: Investment decisions making.
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