The stage in the capital budgeting process in which projects that are accepted must be executed in a timely fashion is called the _____________ stage.
A) follow-up.
B) selection.
C) identification.
D) implementation.

Question

Quizplus · Accepted Answer

The implementation stage is the stage in which projects that have been accepted are actually carried out in a timely manner. This involves the allocation of resources, the development of a detailed plan, and the execution of the project according to that plan. The other stages in capital budgeting are identification, selection, and follow-up. Identification involves identifying potential projects, selection involves evaluating those projects and choosing which ones to pursue, and follow-up involves monitoring and evaluating the success of completed projects.

The Stage in the Capital Budgeting Process in Which Projects