Question : Capital budget includes
Option 1: Capital receipts
Option 2: Capital expenditure
Option 3: Both A and B
Option 4: Neither A nor B
Answer (1)
20th Jan, 2024
Correct Answer:
Both A and B
Solution :
Capital budget includes capital receipts and capital expenditure. Capital budget is the statement of estimated capital receipts and estimated capital expenditure during the fiscal year.
Hence, Option C is correct.
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