COST ACCOUNTING
CAPITAL BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Capital Budgeting is
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Capital Expansion
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Capital Equipment
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Capital Budgeting
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Explanation:
Detailed explanation-1: -Capital budgeting is used by companies to evaluate major projects and investments, such as new plants or equipment. The process involves analyzing a project’s cash inflows and outflows to determine whether the expected return meets a set benchmark.
Detailed explanation-2: -Capital Budgeting is the process of making financial decisions regarding investing in long-term assets for a business.
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