During which stage of the capital budgeting process does a firm obtain funding for the project?

Question

Quizplus · Accepted Answer

Obtaining funding for the project is typically part of the implementation stage, where the chosen course of action is put into action and the necessary resources, including funding, are acquired to carry out the project. The other stages involve gathering information, evaluating alternatives, and monitoring performance.

During Which Stage of the Capital Budgeting Process Does a Firm