Which of These Terms Refers to a Budget That Indicates

question 9

Multiple Choice

Which of these terms refers to a budget that indicates designated funds for the purchase of major new equipment?

• A) unit budget
• B) construction budget
• C) capital budget
• D) equipment budget

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Definitions:

Futures Contract

A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future.

Position

Refers to the amount of a specific security, commodity or currency that is owned or controlled by an individual or entity.

Correlation

A statistical measure indicating the extent to which two variables change together.

Indices

Benchmarks or measures that track the performance of a specific basket of stocks, bonds, or other investment vehicles.