Capital Expenditure Budgets
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Questions and Answers

Which one of these is the definition of a budget?

  • A financial plan for a defined period of time (correct)
  • A summary of intended expenditures
  • A deficit in which expenses exceed income
  • The sum of money allocated for a particular purpose

    • What does a budget include?

  • Planned sales volumes and revenues
  • Resource quantities, costs and expenses
  • Assets, liabilities and cash flows
  • All of the above (correct)

    • What is the purpose of a budget surplus?

  • To analyze variations in estimates
  • To cover expenses that exceed income
  • To provide money for use at a future time (correct)
  • To express strategic plans in measurable terms

    • What is the purpose of a capital expenditure budget?

    <p>To show revenue and capital disbursements</p> Signup and view all the answers

    What is the demand for grants of the Central government?

    <p>A detailed analysis of various types of expenditure</p> Signup and view all the answers

    Which one of these is the purpose of a budget deficit?

    <p>To have expenses exceed income</p> Signup and view all the answers

    Which one of these is the correct definition of a budget?

    <p>A financial plan for a defined period of time</p> Signup and view all the answers

    Which one of these is the correct description of a capital expenditure budget?

    <p>A budget that shows revenue and capital disbursements</p> Signup and view all the answers

    What does a budget include?

    <p>All of the above</p> Signup and view all the answers

    What is the demand for grants of the Central government?

    <p>A financial plan for a defined period of time</p> Signup and view all the answers

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