Explain how the capital budget is required for strategic

Question

Create a PowerPoint presentation to educate others regarding the development of an operational budget and a capital budget. Be sure to include the following:

Provide the process for developing an operational budget.

Provide the process for developing a capital budget.

Differentiate between the operational and capital budgets.

Explain how the capital budget is required for strategic management.

Answer 1

Produce a PowerPoint presentation to educate others regarding the expansion of an operational budget and a capital budget. Make sure to comprise the subsequent: • Give the procedure for developing an operational budget. • Give the procedure for developing a capital budget. • Differentiate between the operational and capital budgets. • Explicate how the capital budget is required for strategic management.