The capital budgeting process consists of all of the following stages except:
A) follow-up.
B) selection.
C) refurbishing.
D) development.

Question

Quizplus · Accepted Answer

The capital budgeting process typically involves development of investment proposals, selection of the most promising proposals, and follow-up to evaluate the performance of the selected investments. Refurbishing is not a stage in the process.

The Capital Budgeting Process Consists of All of the Following