What kind of budget would Jaron require as he manages physical plants across multiple states?

The capital budget is the correct choice for Jaron as he manages physical plants across multiple states. Capital budgets focus on long-term investments in physical assets, such as buildings, machinery, and equipment. Given that Jaron oversees physical plants, which typically involve significant investments in infrastructure and facilities, a capital budget will allow him to plan for expenditures that will impact the organization over multiple years.

These budgets help in assessing the value of long-term projects and ensuring that sufficient funds are allocated for maintenance, renovation, or expansion of physical plants. This is crucial in a multi-state operation where different plants may require varying levels of investment based on their specific needs and conditions.

Operational budgets, while important for day-to-day running and managing ongoing expenses, would not provide the framework needed for strategic, long-term financial planning concerning physical infrastructure. Financial budgets generally encompass the overall fiscal management of the organization but would not focus specifically on the long-term capital requirements. Sales budgets are geared towards forecasting revenues and sales-related expenses rather than the capital expenditures associated with managing physical plants.