The nature and types of capital budgeting decisions? Why do you think that capital budgeting decisions are important for . The firm?
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Answer:
It is important because without decision it can cause a lot of problems for a business development
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Capital budgeting decision are important for the for as that lead to accountability and measurability.
Explanation:
- Capital budgeting is considered to be the most critical part of decision-making for firms as it involves long-term investments, it needs huge amounts of funds.
- Thus it's a long-term investment decision, irreversible in nature, needs a large amount of funds, and the element of risk. Their decisions are essential for making financial commitments and investments.
Learn more about the nature and types of capital budgeting decisions, why do you think that capital budgeting decisions are important for the firm.
- brainly.in/question/12568319 answered by raman4199.
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