The process of making long term decisions, for capital investment in the projects is called __________?
Correct answer: C. capital budgeting
- A. lead budgeting
- B. lean budgeting
- C. capital budgeting
- D. relevant budgeting
Explanation
Capital budgeting is the process of evaluating and selecting long-term investments such as machinery, property, or major projects. The other options are not the standard name for this process.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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More Cost Accounting questions
The vertically upward dimension of cost analysis is also called __________?
If the net initial investment is $6850000 and the uniform increases yearly cash flows is $2050000, then payback period will be _____________?
If the net initial investment is $985000, returned working capital is $7500, then an average investment over five years will be ___________?
The capital budgeting method to analyze information of financials include ___________?
Annual earned income is divided from a project by capital invested to calculate __________?
The horizontally across dimension of cost analysis is also called __________?