Capital budgeting decisions, once made, are not easy to reverse because of the huge investments involved.

Name: Capital budgeting decisions, once made, are not easy to reverse because of the huge investments involved.
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

Capital budgeting decisions involve large investments and long-term commitments, which makes them difficult and costly to reverse. Therefore, careful consideration and analysis must be taken before making a decision.

Capital Budgeting Decisions, Once Made, Are Not Easy to Reverse