Capital budgeting is the process of managing afirm’s:
举一反三
- Which of the four “misleading prescriptions” can be seen as part of a process of decision making ? A: Corporations should invest in all opportunities where probable returns exceed the cost of capital B: Better quantification of future uncertainty and risk is the key to more effective resource allocation C: Planning and capital budgeting are two separate processes --- capital budgeting is a financial activity D: Top management’s role is to challenge the numbers rather than the underlying thinking.
- The master budgeting process summarizes the keydecisions regarding all aspects of the company’s value chain.
- Which one of the following terms is defined as the management of a firm's long-term investments? A: working capital management B: financial allocation C: agency cost analysis D: capital budgeting
- What are the duties for a typical secretary? A: handling correspondence B: managing a filing system C: keeping track of schedules D: operating and maintaining office equipment E: dealing with phone calls F: handling orders, budgeting or bookkeeping G: managing training or other personnel work
- Which of the following statements is FALSE? A: Many projects use a resource that the company already owns. B: When evaluating a capital budgeting decision, we generally include interest expense. C: Only include as incremental expenses in your capital budgeting analysis the additional overhead expenses that arise because of the decision to take on the project. D: As a practical matter, to derive the forecasted cash flows of a project, financial managers often begin by forecasting earnings.