Capital Expenditures Budget

Capital Expenditures Budget - known to be met, a...

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Capital Expenditures Budget The  capital expenditures budget  identifies the amount of cash a company will invest in projects  and long-term assets. Although funds for expenditures may be identified and approved in total during  the budget process, most companies have a separate process for approving funds for the specific  items included in a capital expenditures budget. The process includes a financial evaluation to  determine whether the company's return on investment targets are met and, once the targets are 
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Unformatted text preview: known to be met, a qualitative review by a top management team. Many companies include long-term assets, such as joint ventures, purchases of other companies, and purchases or leases of fixed assets, as well as new products, new markets, research and development, significant marketing programs, and information technology items in their capital expenditures budgets....
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This note was uploaded on 11/16/2011 for the course ACCT 2310 taught by Professor Staff during the Spring '09 term at Texas State.

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