Social Studies, 12.05.2021 01:00 killinit143
What is a major difference between an operating budget and a capital budget?
A. In an operating budget, legislation is needed; in a capital budget, no legislation is needed.
B. An operating budget is raised by bonds; a capital budget is raised by taxes.
C. An operating budget consists of small amounts of money; a capital budget consists of large amounts of money.
D. An operating budget is for day-to-day expenses; a capital budget is for investment spending.
Answers: 3
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What is a major difference between an operating budget and a capital budget?
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