The first administrative consideration in any capital budgeting process is collection of data.
The first step is the search for opportunities among alternatives.

Question

Quizplus · Accepted Answer

The statement is incorrect. The first administrative consideration in any capital budgeting process is identifying and defining the investment opportunities and then gathering relevant data and information. Only after this step is completed, can the process move on to evaluating and selecting among potential investment alternatives.

The First Administrative Consideration in Any Capital Budgeting Process Is