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Q. Definition of Capital Budgeting?
Capital Budgeting is the procedure of making decisions for investment in long-term assets. It is a method of deciding whether or not to invest the funds in a particular asset the benefit of which will be obtainable over a period of time longer than one year.
Definition of Capital Budgeting:-
As-per to the Milton H. Spencer 'Capital Budgeting engrosses the planning of expenditures for assets and the returns from which will be realized in future time periods.'
Define why we measure a project’s risk as the change in the CV. We calculate a project’s risk as the change in the coefficient of variation since this focuses on the change in
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