A budget which mainly covers items of current revenue and expenditure is called ........

Economic and Social Issues Budgeting and Fiscal policy

Download Solution PDF

A budget which mainly covers items of current revenue and expenditure is called __.

Programme budget

Welfare economics

Current budgeting

Capital budgeting

छोटे Courses बड़े Results

Master Budgeting and Fiscal policy

Prepare through Micro-courses

Try Now

Explanation:

Capital budgeting, and investment appraisal, is the planning process used to determine whether an organization's long term investments such as new machinery, replacement of machinery, new plants, new products, and research development projects are worth the funding of cash through the firm's capitalization structure.