The process of evaluating an organization's investment in long-term assets is called
A)activity-based evaluation.
B)capital budgeting.
C)investment control.
D)A preference decision.

Question

Quizplus · Accepted Answer

The process of evaluating an organization's investment in long-term assets is called capital budgeting. This involves analyzing potential projects and deciding which ones to invest in based on their expected returns and overall impact on the organization's financial health. Activity-based evaluation, investment control, and preference decisions can all be factors in the capital budgeting process, but they are not the formal term used to describe it.

The Process of Evaluating an Organization's Investment in Long-Term Assets