_____ refers to the process of deciding among various investment opportunities to create a specific spending plan.
A)ROI
B)Payback period
C)Capital budgeting
D)Return on asset

Question

Quizplus · Accepted Answer

Capital budgeting refers to the process of identifying investment opportunities and selecting the projects that will create the most value for a company or organization. The goal of capital budgeting is to allocate available resources in a way that maximizes the return on investment (ROI) and achieves the strategic objectives of the business. Payback period and return on asset are specific financial metrics used in capital budgeting, but they do not encompass the entire process of decision making.

_____ Refers to the Process of Deciding Among Various Investment