Which of the Following Statements Is Incorrect

question 41

Multiple Choice

Which of the following statements is incorrect?

• A) Capital budgeting affects the master budget because it considers what assets a company should have and use when achieving its budgets.
• B) Capital budgeting involves decisions about whether to buy or lease equipment
• C) Capital budgeting focuses on short-term planning.
• D) Cash outflows for capital budgeting will appear on the cash budget.

---

Definitions:

Endnotes

Notes placed at the end of a book or chapter that provide extra information, commentaries, or references related to the text.

Works Cited

A list of references used in a research paper or publication, detailing sources that have been directly cited.

MLA Guidelines

Standards set by the Modern Language Association for formatting academic documents and citing sources.

Correctly Formatted

Refers to data, text, or a document that is arranged according to specific guidelines or standards for readability or processing.