Question : Which of the following is not the importance of capital budgeting decision?
Option 1: Long term growth and effects
Option 2: Irreversible decisions
Option 3: Facilitates financial control
Option 4: Large amount of funds available
Correct Answer: Facilitates financial control
Solution : Facilitates financial control is the importance of financial planning. Long term growth and defects large amount of funds involved irreversible decisions are the importance of capital budgeting decisions.
Hence, option C is correct.