Which One of the Following Statements Concerning Capital Budgeting Is

question 94

Multiple Choice

Which one of the following statements concerning capital budgeting is not true?

• A)A basic objective underlying capital budgeting is to select assets that will earn a satisfactory return.
• B)Capital budgeting is the process of planning asset investments.
• C)Capital budgeting is based on precise estimates of future events.
• D)Capital budgeting involves estimating the revenues and costs of each proposed project,evaluating their merits,and choosing those worthy of investment.
• E)Capital budgeting uses after-tax cash flows in the analysis of proposed investments.

---

Definitions:

Sexuality

The capacity for sexual feelings, activities, and orientations; a fundamental aspect of being human.

Prejudice

A preconceived opinion or bias against an individual or group without sufficient knowledge, reason, or direct experience, often based on stereotypes.

Fashion Designer

A person who creates original clothing, accessories, or footwear, drawing on trends, artistic concepts, and personal creativity.

Gay Men

Male individuals who experience romantic or sexual attraction to other men.