A plan of dollar amounts to be spent on long-term projects is called a Capital Budget.
<h3>What Is Capital Budgeting? </h3>
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.
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The thermal energy increases the temperature of the oven which results in the heating of the water.
<h3>What is an energy conversion?</h3>
The conversion of energy means the potential of the energy is changed into the other form.
The energy conversions that occur as a microwave oven heats a cup of water.
First, the electrical energy is converted into microwave energy and this microwave energy increases the temperature of the microwave oven which means the microwave energy is converted into thermal energy.
The thermal energy increases the temperature of the oven which results in the heating of the water.
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