A Moving to another question will save this response. Question 13 The present value of an investment is affected by which of the following? The type of investment (annuity versus lump sum) The interest rate The number of time periods (length of the investment) All of the above Moving to another question will save this response. Moving to another question will save this response. Question 14 "Capital expenditures budget" is best described by which of the following? A budget that projects cash inflows and outflows and the end of period budgeted balance sheet A system for evaluating the performance of each responsibility center and its manager A company's plan for purchases of property, plant and equipment and other long-term assets Details as to how the company expects to go from the beginning cash balance to the desired ending cash balance Moving to another question will save this response