The capital budget "bottom up" perspective should be consistent with the firm's "top down" view through:
A)growth in sales.
B)strategic plans.
C)current level of funds.
D)dividend policy.

Question

Quizplus · Accepted Answer

The capital budget "bottom up" perspective should be consistent with the firm's "top down" view by aligning with the firm's strategic plans. The capital budget must complement the overall strategic vision of the firm and help achieve the long-term goals. Growth in sales, current level of funds, and dividend policy may play a role in the decision-making process, but they are not as crucial as ensuring that the capital budget aligns with the strategic plan.

The Capital Budget "Bottom Up" Perspective Should Be Consistent with the Firm's