The capital-budgeting process starts with which one of the following stages:
A) development
B) identification
C) implementation
D) selection

Question

Quizplus · Accepted Answer

The capital-budgeting process starts with the identification stage, which involves identifying potential projects or investments that the company could undertake. The development stage comes next, where the potential projects are further analyzed and developed into detailed proposals. The selection stage is where the company chooses which projects or investments to pursue and implement, and the implementation stage is where the chosen projects are executed.

The Capital-Budgeting Process Starts with Which One of the Following