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What is the purpose of the capital expenditure budget?a)To estimate the cost of production.b)To estimate cash receipts and payments.c)To estimate the amount of capital needed for acquiring fixed assets.d)To estimate sales forecasts.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the purpose of the capital expenditure budget?a)To estimate the cost of production.b)To estimate cash receipts and payments.c)To estimate the amount of capital needed for acquiring fixed assets.d)To estimate sales forecasts.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the purpose of the capital expenditure budget?a)To estimate the cost of production.b)To estimate cash receipts and payments.c)To estimate the amount of capital needed for acquiring fixed assets.d)To estimate sales forecasts.Correct answer is option 'C'. Can you explain this answer?.

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