General Studies · Financial Management
Allocating funds and planning long-term investments for major assets or proposed expenditures on new projects to be executed in the upcoming financial years is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Revenue budget
- 2Operating budget
- 3Personnel budget
- 4Capital expenditure budget✓
Correct answer
Capital expenditure budget
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