Which of the following is NOT a step in the capital budgeting decision?

Question

Quizplus · Accepted Answer

Capital budgeting decisions typically involve steps like formulating proposals, evaluating data, making decisions to maximize (not minimize) future benefits, and conducting post-audits. Corrective action is also a part of the process, but making a decision to minimize the greatest future benefit is not a step in capital budgeting, as the goal is to maximize returns or benefits.

Which of the Following Is NOT a Step in the Capital