Which of the following is NOT one of the distinct steps in the capital budgeting process?

Question

Quizplus · Accepted Answer

Obtaining the financing to pay for the investment is not a distinct step in the capital budgeting process. It is an important aspect that needs to be considered during the process, but it is typically incorporated into each of the other steps (e.g. identifying investment alternatives with their associated costs and assessing the feasibility of obtaining financing for each alternative). The distinct steps in the capital budgeting process are generally identified as: identifying investment alternatives, analyzing and evaluating the alternatives, selecting the best alternative(s), implementing the chosen investment decisions, and monitoring and evaluating the implemented decisions.

Which of the Following Is NOT One of the Distinct