Which item is typically funded by a capital budget?

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Multiple Choice

Which item is typically funded by a capital budget?

Explanation:
Big, long-lasting investments are funded through the capital budget. A new fire station is a constructed facility with a multi-year life, representing a capital project. In contrast, vehicle fuel, printer paper, and office supplies are ongoing, day-to-day expenses that are typically paid from the operating budget. So the item typically funded by a capital budget is the new fire station.

Big, long-lasting investments are funded through the capital budget. A new fire station is a constructed facility with a multi-year life, representing a capital project. In contrast, vehicle fuel, printer paper, and office supplies are ongoing, day-to-day expenses that are typically paid from the operating budget. So the item typically funded by a capital budget is the new fire station.

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