“Assessing the Need and Preparing a Budget Proposal for a Capital Item: A Case Study” Introduction Capital budgeting is an essential process for any organization as it involves the evaluation and planning of major long-term investments. These investments can include

To Assess the need for a capital budget item. To also, investigate the information needed to prepare a budget proposal.
Identify the cost of the piece of equipment and if there are any alternative funding sources.
Presents a compelling argument for the purchase of the capital item
Incorporate a minimum of 4 current (published within last five years) scholarly journal articles or primary legal sources (statutes, court opinions) within your work. Journal articles and books should be referenced according to APA style (the library has a copy of the APA Manual).