The final step in the capital budgeting process is
A) implementation.
B) follow-up.
C) re-evaluation.
D) education.

Question

Quizplus · Accepted Answer

The final step in the capital budgeting process is follow-up, which involves monitoring and evaluating the project's performance. This step is important to determine if the project is meeting its goals and if any adjustments need to be made. Implementation occurs earlier in the process when the project is actually put into action, while re-evaluation is an ongoing process that may occur throughout the life of the project. Education is not typically considered a step in the capital budgeting process.

The Final Step in the Capital Budgeting Process Is