Transcribed Image Text: You only have one attempt for each of these questions. If you are unsure of the answer, feel free to check your notes or open another tab

Transcribed Image Text: You only have one attempt for each of these
questions. If you are unsure of the answer, feel
free to check your notes or open another tab and
re-watch the previous video(s). You will not be
able to see the correct answers until after the
due date has passed.
The Capital Expenditures Budget lays out the
company’s plans to
maintain capital assets such as property,
plant, and equipment.
purchase capital assets such as
property, plant, and equipment.
sell capital assets such as property,
plant, and equipment.
If a company expects to earn $600,000 in
revenues in a given month, they should expect
to collect $600,000 in cash as well.
True
O False

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