Identify one statement among the following that is NOT true about capital budgeting: |
These decisions are very crucial for any business since they affect its long run earning capacity The size of assets, profitability and competitiveness are all affected by these decisions These are concerned with levels of cash, inventory and recievable These decisions are irreversible except at a huge cost. |
These are concerned with levels of cash, inventory and recievable |
Short-term investment decisions (also called working capital decisions) are concerned with the decisions about the levels of cash, inventory and receivables. |