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  1. business
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  3. the capital expenditure budget is important becaus

The capital expenditure budget is important because ___________ Focusing on the operating and cash...

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Accounting

The capital expenditure budget is important because ___________
Focusing on the operating and cash budget only, while necessary, can lead to a company stagnating and not realizing its full potential.
It helps with the viability of the operations and liquidity position of a company.
Incorrect
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Incorrect. Recall the definition and purpose of the capital expenditure budget.
It is mandatory for business along with the cash budget and operating budget.
It is used in the planning and evaluation of current assets and working capital of a company.

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