Carrie's decision to research a new product for her children's party business is considered an example of a capital budget decision.

Question

Quizplus · Accepted Answer

Capital budget decisions are long-term investment decisions that involve the purchase or replacement of long-term assets or the introduction of new products or services. In this case, Carrie is considering the introduction of a new product, which qualifies as a capital budget decision.

Carrie's Decision to Research a New Product for Her Children's