📊 Cost and Management Accounting (CMA)
Q. The budget prepared for replacement of assets, expansion of production facilities, adoption of new technologies etc. is .
  • (A) Capital expenditure budget.
  • (B) Production overhead budget.
  • (C) Administration overhead budget.
  • (D) Selling and distribution overhead budget.
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✅ Correct Answer: (A) Capital expenditure budget.

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