Long-term assets are the focus of

Question

Quizplus · Accepted Answer

Capital budgeting involves making decisions regarding the long-term assets of a company, such as investments in equipment, property, or research and development. Cash budgeting is focused on short-term cash flows and managing day-to-day operations. Corporate planning is a broader strategic process that includes financial planning, but also includes other strategic decisions such as market positioning and product development. Investment planning can refer to both short-term or long-term investments, but may not be specifically focused on a company's own assets. Therefore, the best choice for the focus on long-term assets is capital budgeting.

Long-Term Assets Are the Focus of