What is the accounting system that corresponds to the project dimension in capital budgeting called?

Question

Quizplus · Accepted Answer

The accounting system that corresponds to the project dimension in capital budgeting is called life-cycle budgeting and costing. This system allows for the consideration of all costs and revenues over the entire life of the project, helping to better assess its long-term profitability. The other options listed (accrual accounting rate-of-return, net present value method, and internal rate-of-return) are all methods used in capital budgeting, but do not specifically relate to the project dimension accounting system.

What Is the Accounting System That Corresponds to the Project