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Management · Q120

Management Accounting

Graduate and Post Graduate · Management · question 120

Q120

Process of making long term decisions, for capital investment in projects is called

A.
lead budgeting
B.
lean budgeting
C.
capital budgeting
Answer
D.
relevant budgeting

Answer: Option C

Solution

Answer: Option C
Solution:
Process of making long term decisions, for capital investment in projects is called capital budgeting. Capital budgeting is the process a business undertakes to evaluate potential major projects or investments.