The stage in the capital budgeting process that requires estimating relevant cash inflows and outflows and discussing the pros and cons of each project is called the _____________ stage.
A) follow-up.
B) selection.
C) identification.
D) development.

Question

Quizplus · Accepted Answer

The development stage in the capital budgeting process involves estimating relevant cash inflows and outflows for each project under consideration and discussing their pros and cons. This stage is crucial for understanding the financial implications of each potential investment.

The Stage in the Capital Budgeting Process That Requires Estimating