Which of the following involves significant financial investments in projects to develop new products, expand production capacity, or remodel current production facilities?
A)capital budgeting
B)working capital
C)master budgeting
D)project-cost budgeting

Question

Quizplus · Accepted Answer

Capital budgeting involves making significant financial investments in projects such as developing new products, expanding production capacity, or remodeling production facilities. Working capital refers to the day-to-day operating liquidity of a company, master budgeting involves the coordination of all budgets within a company, and project-cost budgeting focuses on estimating and managing the costs of individual projects.

Which of the Following Involves Significant Financial Investments in Projects