Asked by Derise Major on Jul 22, 2024
Verified
What is a capital expenditures budget?
Capital Expenditures Budget
A plan for a company's spending on long-term assets, such as buildings, equipment, and machinery, over a certain period.
- Gain knowledge on the purpose and elements of a capital expenditures budget.
Verified Answer
AW
Adrian WilliamsJul 26, 2024
Final Answer :
The capital expenditures budget shows the dollar amounts estimated to be both received from plant asset disposals,as companies replace old assets with new ones,and spent to purchase additional plant assets the company will use to carry out the budgeted business activities.
Learning Objectives
- Gain knowledge on the purpose and elements of a capital expenditures budget.
Related questions
The Budget That Lists the Dollar Amounts to Be Both ...
The Master Budget Process Usually Begins with the Preparation of ...
The Budget That Summarizes Future Plans for the Acquisition of ...
The Essence of _________________ Is Determining Whether a Proposed Investment ...
Expenditures That Increase Operating Efficiency or Capacity for the Remaining ...