Accountancy, asked by sk486211, 5 hours ago

the capital budget is associated with​

Answers

Answered by arriella
0

Answer:

Capital budgets is related to long terms assets. capital budgeting is process a business undertake to evaluate potential major projects and investment.

Answered by Anonymous
0

It is associated with ling term assets.

  • The mechanism by which a business assesses future major ventures or investments is known as capital budgeting.
  • The budget is needed before a project is accepted or refused, as it majorly involves long term assets.
  • For example - The decision for the construction of a new plant or to open a new shop follows proper budgeting. This will consider the long term assets and cash flows involved.
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