What Level of Management Is Responsible for Originating Capital Budgeting

question 74

Multiple Choice

What level of management is responsible for originating capital budgeting proposals?

• A) Senior management
• B) Divisional management
• C) Lower management
• D) All levels of management

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Definitions:

Keynesians

Supporters of the economic theories established by John Maynard Keynes, focusing on total spending in the economy and its effects on output and inflation.

Monetarism

A school of economic thought that emphasizes the role of governments in controlling the amount of money in circulation.

Classical Economics

A school of economic thought that emphasizes the role of free markets in regulating economic activity, and the importance of limiting government intervention.

Velocity of Circulation

The rate at which money is exchanged in an economy, representing the number of times a unit of currency is used to purchase goods and services within a given time period.