Long-term planning for making investments that require large amounts of resources is called ________.
A)operating budgeting
B)capital budgeting
C)strategic analysis
D)sensitivity analysis

Question

Quizplus · Accepted Answer

Capital budgeting involves the long-term planning and decision-making process for investing in projects or assets that require significant financial resources, such as infrastructure, equipment, and technology. Operating budgeting focuses on day-to-day expenses and revenue generation. Strategic analysis involves assessing the overall direction and goals of a business, while sensitivity analysis involves testing the impact of various variables on financial outcomes.

Long-Term Planning for Making Investments That Require Large Amounts of Resources