Question

An example of a CAPITAL BUDGETING decision is:

1- deciding whether or not to purchase an expensive piece of equipment.
2- deciding whether or not to hire a new CEO.
3- deciding whether or not to buy supplies for the company.
4- deciding whether or not to give the employees a raise.

Answer 1

Capital budgeting involves making decisions about long-term investments in capital assets.

Step-by-step explanation:

An example of a capital budgeting decision is deciding whether or not to purchase an expensive piece of equipment.