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Three Quantitative Techniques Which Are Frequently Used in Capital Budgeting

question 129

Short Answer

Three quantitative techniques which are frequently used in capital budgeting decisions are (1) _________________ (2) _________________ and (3) ___________________.

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Definitions:

Ethics Check

A process of evaluating decisions and actions based on moral principles to ensure they adhere to established ethical standards.

Economists

Professionals specialized in the study of how societies use resources to produce goods and services and distribute them among the population.

Data

Information collected for reference or analysis, often used to support decision-making processes.

Scientific Method

A systematic approach to research where a problem is identified, relevant data is gathered, a hypothesis is formulated, and then the hypothesis is empirically tested.

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