Capital budgeting is investment decision-making as to whether a project is worth undertaking. Capital budgeting is basically concerned with the justification of capital expenditures.
Current expenditures are short-term and are completely written off in the same year that expenses occur. Capital expenditures are long-term and are amortized over a period of years are required by the IRS.
Current expenditures are short-term and are completely written off in the same year that expenses occur. Capital expenditures are long-term and are amortized over a period of years are required by the IRS.