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| Which one of the following is the best characteristic concerning the capital budget? The capital budget is a(n) A. Plan that assesses the long-term needs of the company for plant and equipment purchases. B. Plan to insure that there are sufficient funds available for the operating needs of the company. C. Exercise that sets the long-range goals of the company including the consideration of external influences caused by others in the market. D. Plan that coordinates and communicates a company’s plan for the coming year to all departments and divisions. |