Question

Budget related to purchase of fixed assets? one word answer ​

Answer 1

Answer:

Capital budgeting is made up of two words 'capital' and 'budgeting. '

Answer 2

Answer:

Capital budgeting is made up of two words 'capital' and 'budgeting. ' In this context, capital expenditure is the spending of funds for large expenditures like purchasing fixed assets and equipment, repairs to fixed assets or equipment, research and development, expansion and the like.