Exam Question
Which of the following is false?
- 1. A capital project involves a current outlay of funds which give a stream of benefits extending far into future
- 2. A capital project represents a scheme for investing resources that can be analyzed and appraised reasonably independently
- 3. Capital Budgeting is a simple process which may be divided into five broad phases of planning, analysis, selection, implementation and review
- 4. Capital expenditure decisions pose difficulties such as uncertainty and temporal spread
- 5. Both (b) and (d) above
View Answer
Answer 2. A capital project represents a scheme for investing resources that can be analyzed and appraised reasonably independently
Practice set and Exam Quiz
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