__________________refers to the management function of planning and financing of capital investment.

Question

Quizplus · Accepted Answer

Capital budgeting involves the process of planning and financing long-term investments in assets such as buildings, equipment, and vehicles. This process requires careful analysis and evaluation of potential investments in order to determine which projects will provide the greatest return on investment. Other choices such as differential analysis, analysis and interpretation, and net present value analysis may be involved in the capital budgeting process, but they do not fully encompass it.

__________________Refers to the Management Function of Planning and Financing of Capital