Capital budgeting is the process of making investment decisions in fixed assets or capital expenditure such as new machinery or factory. It involves the decision of allocating the capital of the company for the long term projects and predicting the returns from it. On the other hand, operational budgeting is related to the regular and routine operations of the business. It includes budgeting for items like salaries, rent, utilities, etc. It is a short term budget and is prepared for a period of one year.
Are you looking to determine which investment opportunities are best for your company, especially wh...
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