A company's plan for the acquisition of long-lived assets, such as buildings and equipment, is commonly called a:

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05-07-2022
Business

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A company's plan for the acquisition of long-lived assets, such as buildings and equipment, is commonly called a:

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vipinkumar69547 vipinkumar69547 · Answer 1 · 2022-07-14T06:53:29-04:00

A company's plan for the acquisition of long-lived assets, such as buildings and equipment, is commonly called a Capital Budget.

What is a Capital Budget?

The procedure a company uses to assess potential big projects or investments is called capital budgeting.
Before a project is accepted or denied, capital budgeting is necessary. Examples of such projects include the construction of a new plant or a significant investment in a third-party enterprise.
It is a means of locating a superior offer for the expansion of the company.
A company's bottom line is frequently affected by significant capital decisions, which are frequently tied to capital planning.
In capital budgeting, projects that improve a business are chosen. Almost everything, including the acquisition of land or the purchase of fixed assets like a new truck or machinery, can be included in the capital budgeting process.

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What is a Capital Budget?

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