Telecom company is preparing its annual cash budget. what is the best place to locate the amounts for the purchase of a new building?

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Business

Frank Richardson

13 February, 05:17

Telecom company is preparing its annual cash budget. what is the best place to locate the amounts for the purchase of a new building?

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Salma Bruce · Answer 1

Telecom company is preparing its annual cash budget. What is the best place to locate the amounts for the purchase of a new building? Capital expenditures budget. When a company is wanting to upgrade asset such as property and equipment they usually have money set aside for when the time comes. The money set aside is located in the capital expenditures budget. Capital expenditures budget is also known as CapEx.