In order to help assure that all relevant factors will be considered,the capital-expenditure selection process should include the following steps except:
A) generating alternative capital-investment project proposals
B) estimating cash flows for the project proposals
C) reviewing the investment projects after they have been implemented
D) allocate manpower to the various divisions within the firm
E) a and d

Question

Quizplus · Accepted Answer

Allocating manpower to the various divisions within the firm is not a relevant step in the capital-expenditure selection process. The other options are all important steps in the process.

In Order to Help Assure That All Relevant Factors Will