Capital Budgeting Differs from Cash Budgeting in That

Multiple Choice

Capital budgeting differs from cash budgeting in that

A) Cash budgeting focuses on short-term results while capital budgeting focuses on five, ten, or even twenty years in the future.
B) Cash budgeting focuses on the balance sheet while capital budgeting focuses on the income statement.
C) A cash budget contains only expected cash outflows for capital assets while capital budgeting includes both cash inflows and outflows.
D) Cash budgeting is based on cash-basis accounting while capital budgeting is based on accrual-basis.