Which of the Following Statements Regarding the Capital Expenditures Budget

question 67

Multiple Choice

Which of the following statements regarding the capital expenditures budget is correct?

• A) Installment payments related to the purchase of long-term assets are included in the capital expenditures budget.
• B) Capital expenditures are purchases of long-term assets, such as office supplies.
• C) The decision to purchase long-term assets is part of a strategic plan.
• D) Capital expenditures are inexpensive assets.

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