1.Which of the following steps is least likely to be an administrative step in the capital budgeting process? A) Arranging financing for capital projects. B) Conducting a post-audit to identify errors in the forecasting process. C) Prioritizing projects according to project profitability and company resources. D) Forecasting cash flows and analyzing project profitability.
2.Which of the following types of capital budgeting projects are most likely to generate little to no revenue? A) Regulatory projects. B) New product or market development. C) Expansion projects. D) Replacement projects to maintain the business. |