Capital budgeting:
A)Is responsible for the issuance of stocks and bonds to finance operations
B)Plans the capital resources needed to support operations
C)Is responsible for the procurement of production materials
D)Is not a function of a company once established and functioning

Question

Capital budgeting:
A)Is responsible for the issuance of stocks and bonds to finance operations
B)Plans the capital resources needed to support operations 
C)Is responsible for the procurement of production materials
D)Is not a function of a company once established and functioning

Quizplus · Accepted Answer

Capital budgeting involves planning and managing the long-term investment of a company's capital resources to support its operations. This includes analyzing potential investments and determining which projects will provide the highest return on investment. It is not responsible for the issuance of stocks and bonds or procurement of production materials, nor is it a function of a company that can be disregarded once established and functioning.

Capital Budgeting