Capital budgeting projects include all of the following except
A)the purchase of a six-month treasury bill.
B)the expansion of a plant.
C)the development of a new product.
D)the replacement of a piece of equipment.

Question

Quizplus · Accepted Answer

The purchase of a six-month treasury bill is not a capital budgeting project, as it is a short-term investment that does not involve a significant amount of funds or long-term planning. Capital budgeting projects typically involve large investments in long-term assets or projects that require careful analysis to determine whether they will generate a positive return on investment.

Capital Budgeting Projects Include All of the Following Except