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

Question

Quizplus · Accepted Answer

The correct sequence for a capital budgeting process is: first, search for and discovery of investment opportunities (d); second, collection of data (a) related to these opportunities; third, evaluation and decision making (c) based on the collected data; and finally, reevaluation and adjustment (b) as necessary based on the outcomes and new information.

An Appropriate Capital Budgeting Process Requires That the Following Steps