Which of the following statements about capital budgets is true?

a. Most capital program budgets cover only General Fund capital outlay for the next year.

b. The current segment of a capital program is typically included as the capital outlay of the current annual budget.

c. Governments typically have one year capital plans for governmental funds but multiyear plans for proprietary funds.

d. Capital budgets include proposed expenditures for operations and debt service as well as for capital outlay.