Generally, how long are budgets are created for?

One Year

Step-by-step explanation:   A budget is a list of probable EXPENSES and expected INCOME during a given period, most often one year.

In the general scenario, the duration of capital expenditures spans one year, sometimes spannering two or three fiscal years. Companies utilise various approaches to measure their capital expenditures than their normal budgeting processes.

Step-by-step explanation:

The answer is above

Hope this helps.