Question : These decisions affect the growth,profitability and risk of business in the long run.
Option 1: Financing decisions
Option 2: Capital budgeting decisions
Option 3: Irreversible decisions
Option 4: None of the above
Answer (1)
22nd Jan, 2024
Correct Answer: Capital budgeting decisions
Solution : Capital budgeting decisions must be taken very carefully as the effect the growth, profitability and risk of business in the long run. It includes decisions relating to purchase of land building plant and machinery.
Hence, option B is correct.
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