alleryCapital budgeting decisions are best described as:
Aunaffected by risk
Bshort-term and routine
Clargely irreversible except at a huge cost
Deasily reversible at any time
Answer & Solution
Correct answer: C. largely irreversible except at a huge cost
Capital budgeting decisions commit large sums long-term and are irreversible except at heavy cost, so they need great care.
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