From Chapter 4 please answer this question (attached file)
a) Explain what capital budgeting is
b) the differences between a capital budget and an operating budget.
c) In terms of assessing expenditure decisions, discuss the factors that a public manager should consider and how she or he determines whether to purchase a capital item, or not.
d) discuss methods to finance capital projects while providing an example for each method you identify.
-Short introduction define terms that are used in the question and the main idea of the whole essay.
– make each part of the question in a paragraph with identifying which is the part are you going to talk about in the beginning
– use simple sentences and words as much as you can and stuck with them
– use the same words that are used in the questions do not change them.
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