The process of analyzing alternative long-term investments and deciding which assets to acquire or sell is known as:
A) Variance analysis.
B) Planning and control.
C) Capital budgeting.
D) Managerial accounting.
E) Master budgeting.

Question

Quizplus · Accepted Answer

Capital budgeting involves analyzing and selecting long-term investment options based on their potential future returns, making it the appropriate choice for this scenario. Variance analysis involves comparing actual results against budgeted expectations, planning and control involves setting goals and managing resources, managerial accounting involves financial reporting and analysis for internal decision-making, and master budgeting involves creating a comprehensive plan for different areas of an organization.

The Process of Analyzing Alternative Long-Term Investments and Deciding Which