Home › MCQs › Business Administration › Question #2945
Back to Questions
Business Administration QUESTION #2945
Question 1
What does "Capital Budgeting" in financial management refer to?
  • Managing the daily petty cash fund of an office
  • The process of evaluating and selecting long-term investment projects✔️
  • Calculating the monthly payroll for all employees
  • None of these
Correct Answer Explanation
Capital budgeting is used to decide whether long-term assets, like new machinery or buildings, are worth the investment.