Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

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

Sagot :

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.

To learn more about Capital Budget refer to:

https://brainly.com/question/23719404

#SPJ4

Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.