Question

Securitas Financial Services is contemplating purchasing and installing a new, expensive computer network. This is the type of expenditure that would be included in a(n) __________ budget. Multiple Choice capital cash operating asset

Answer 1

capital budget.

Step-by-step explanation:

From the question we are informed about scenerio whereby Securitas Financial Services is contemplating purchasing and installing a new, expensive computer network. This is the type of expenditure that would be included in capital budget.

Capital budgeting can be regarded as process that is been taken by a business in order to carry out evaluation of potential major projects or potential investments. An instance of this project whereby capital budgeting would be required before approval or rejection is Construction of a new plant, another one is carrying out big investment outside the venture.