The first step in the capital budgeting process is
A) decision-making.
B) review and analysis.
C) implementation.
D) proposal generation.

Question

Quizplus · Accepted Answer

The first step in the capital budgeting process is typically proposal generation, where potential projects are identified and evaluated for their potential to create value for the organization. Only after the proposals have been generated can they be reviewed and analyzed, decision-making can occur and implementation can begin.

The First Step in the Capital Budgeting Process Is