The goal of the screening decision process is to
A)Narrow the list of capital proposals to those expected to bring the desired level of return.
B)Select the project with the best level of return.
C)Arrange for the completion of the proposed project.
D)Perform a post-implementation audit.

Question

Quizplus · Accepted Answer

The screening decision process is used to evaluate potential capital projects and determine which ones should be further evaluated. The goal is to narrow down the list of proposals to those that are expected to bring the desired level of return. This helps to ensure that resources are focused on projects that are most likely to be successful and generate the greatest return on investment. Option B is not the best choice because selecting the project with the best level of return is done during the evaluation decision process. Option C is not the best choice because arranging for the completion of the proposed project occurs during the implementation phase. Option D is not the best choice because performing a post-implementation audit occurs after the project has been completed.

The Goal of the Screening Decision Process Is to