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A Capital Budgeting Method That Considers How Quickly a Project

question 63

Essay

A capital budgeting method that considers how quickly a project recovers costs is known as ______________.An enhancement to this method that also considers the time value of money is called ____________.
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Definitions:

Flexible Budget

A budget designed to vary in response to different levels of volume or activity.

Revenue

The income generated from normal business operations, such as the sale of goods or services.

Budget

A detailed plan for the future that is usually expressed in formal quantitative terms.

Activity Measure

An allocation base in an activity-based costing system; ideally, a measure of the amount of activity that drives the costs in an activity cost pool.

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