An appropriate capital budgeting process requires that the following steps be taken in which order?
a. Collection of data
b. Re evaluation and adjustment
c. Evaluation and decision making
d. Search for and discovery of investment opportunities

Question

An appropriate capital budgeting process requires that the following steps be taken in which order? 
a. Collection of data
b. Re evaluation and adjustment
c. Evaluation and decision making
d. Search for and discovery of investment opportunities

Quizplus · Accepted Answer

The correct order for a capital budgeting process is to first search for and discover investment opportunities (d), then collect data (a), followed by evaluation and decision making (c), and finally re-evaluation and adjustment (b).

An Appropriate Capital Budgeting Process Requires That the Following Steps