Capital budgeting is not:
A) the process of identifying, evaluating, and implementing a firm's working capital requirements.
B) the process of identifying, evaluating, and implementing a firm's objectives.
C) the process of identifying, evaluating, and implementing a firm's strategic plans.
D) the process of identifying, evaluating, and implementing a firm's financing

Question

Quizplus · Accepted Answer

Capital budgeting refers to the process of identifying, evaluating, and implementing long-term investment decisions that involve significant outlays of funds. Working capital requirements, objectives, and financing decisions are not typically considered capital budgeting decisions.

Capital Budgeting Is Not