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Eduncle posted an MCQ
October 13, 2019 • 19:37 pm 0 points
  • UGC NET
  • Commerce

Which of the following is not true with reference to capital budgeting ?

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    Eduncle Best Answer

    Capital budgeting is the process in which a business determines and evaluates potential expenses or investments that are large in nature. These expenditures and investments include projects such as building a new plant or investing in a long-term venture. Often times, a prospective project's lifetime cash inflows and outflows are assessed in order to determine whether the potential returns generated meet a sufficient target benchmark, also known as "investment appraisal."

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