Tim works for a large manufacturing company and is now in charge of all fixed asset purchases.In other words,Tim is in charge of:
A)capital structure management
B)asset allocation
C)risk management
D)capital budgeting
E)working capital management

Question

Quizplus · Accepted Answer

Tim is in charge of capital budgeting, which involves the planning and allocation of financial resources for the purchase of fixed assets. This task involves determining the optimal mix of assets to invest in, assessing the potential return on investment, and ensuring that the company has sufficient funds to finance these purchases.

Tim Works for a Large Manufacturing Company and Is Now