Capital budgeting is the process of making investment decisions for _____
a) revenue expenditure
b) Deferred revenue expenditure
c) temporary expenditure
d) Capital expenditure
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Answer:
Answer is b.
Explanation:
Capital budgeting is a company's formal process used for evaluating potential expenditures or investments that are significant in amount. It involves the decision to invest the current funds for addition, disposition, modification or replacement of fixed assets.
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