Question

What does the need for capital budgeting emphasize?

a.

Short-term resource allocation

b.

Identifying the most beneficial deployment of limited resources

c.

Current asset maximization

d.

Financing the total cost of a project

Answer: (b).Identifying the most beneficial deployment of limited resources Explanation:The need for capital budgeting emphasizes identifying the most beneficial deployment of available but limited resources.

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Q. What does the need for capital budgeting emphasize?

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