What is capital budgeting? Why are capital budgeting decisions crucial to the lo

Question

Explanation / Answer

>>Capital budgeting is Making decisions having significant future benefits or costs for various entities and their stakeholders.In the public sector, the term is often exclusively associated with infra-structure investments -- plant and equipment. It is more properly associated with all policy choices that have significant, long-term consequences: especially decisions about missions, programs, products, processes, or procedures........ >>Capital budgeting decisions are crucial to the long-run financial health of a business enterprise as they affect the financial status of the enterprise over a long period of time.Investments in fixed assets if wisely made results in the increase of income and reduction of expenditure in the long run

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.