Which one of the following terms is defined as the management of a firm's long-term investments?
-Working capital management.
-Financial allocation.
-Agency cost analysis.
-Capital budgeting.
-Capital structure.
Answer: Capital budgeting
Management Chapter | Multiple Choice | Questions and Answers | Test Bank
-Working capital management.
-Financial allocation.
-Agency cost analysis.
-Capital budgeting.
-Capital structure.
Answer: Capital budgeting