The capital budgeting process consists of all of the following stages except:
A) follow-up.
B) selection.
C) reversing.
D) development.

Question

Quizplus · Accepted Answer

The capital budgeting process consists of the stages of development (identifying potential opportunities), selection (choosing which opportunities to pursue), implementation (investing in the chosen opportunities), and follow-up (monitoring and evaluating the outcomes). The term "reversing" is not typically used in the context of capital budgeting, and thus is not considered a stage in the process.

The Capital Budgeting Process Consists of All of the Following