Distinguish between the following types of budgets: (a) Capital and current, (b) Tentative and enacted, (c) General
Question:
(a) Capital and current,
(b) Tentative and enacted,
(c) General and special,
(d) Fixed and flexible,
(e) Executive and legislative.
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a A capital budget is a plan of proposed capital outlays for the next two to six years The current b...View the full answer
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Related Book For 
Governmental and Nonprofit Accounting
ISBN: 978-0132751261
10th edition
Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi
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