Question

A plan of dollar amounts to be spent on long-term projects is called a

Answer 1

A plan of dollar amounts to be spent on long-term projects is called a Capital Budget.

What Is Capital Budgeting?

Capital budgeting is known to be a form of a business doings that is often done to examine potential major projects or any form of an investments.

Note that before a person does any business, it is good that they have the budgeted amount of money they are willing to spend as it is important before going into the business.

Hence, A plan of dollar amounts to be spent on long-term projects is called a Capital Budget.

Learn more about long-term projects from

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