The process of planning and managing a ﬁrm's long-term investments is called:
A)working capital management.
B)ﬁnancial depreciation.
C)agency cost analysis.
D)capital budgeting.
E)capital structure.

Question

Quizplus · Accepted Answer

Planning and managing a firm's long-term investments is called capital budgeting. The other options (working capital management, financial depreciation, agency cost analysis, and capital structure) are all important financial concepts, but they do not specifically relate to long-term investments.

The Process of Planning and Managing a ﬁRm's Long-Term Investments