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.

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Definitions:

Activating Group

A substituent attached to a benzene ring that increases its reactivity by stabilizing the intermediate cation through resonance or electron-donating effects.

Benzene

A cyclic hydrocarbon with the formula C6H6, characterized by its aromaticity, consisting of a ring of six carbon atoms with alternating double and single bonds.

Mononitration

The chemical process of introducing one nitro group (-NO2) to an organic molecule, commonly employed in the synthesis of nitro compounds.

Bromination

A chemical reaction involving the addition of bromine to another substance, often used to test for alkenes or alkanes.