Answer / a.b.subrahmanyam, mba

apital budgeting (or investment appraisal) is the planning process used to determine whether an organization's long term investments such as new machinery, replacement machinery, new plants, new products, and research development projects are worth pursuing. It is budget for major capital, or investment, expenditures.

Answer / chenna krishna nusum

CAPITAL BUDGET IS BASIC AND FINAL EXPECTED EXPEDITERS FOR FIRMS FUTURE GROWTH.
(OR)
CAPITAL BUDGET IS A BUDGET FOR INSTALLATIONS OF FIRMS, THE ADDITIONAL FEATURES OF THE FIRM AND ALL OTHER PROMOTIONAL ACTIVITIES FOR FIRMS GROWTH OR FIRM FUTURE.

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