The term capital budgeting refers to decisions A) which are made in t

The term capital budgeting refers to decisions

A) which are made in the short run.
B) which concern the spreading of expenditures over a period lasting less than one year.
C) where expenditures and receipts for a particular undertaking will continue over a relatively long period of time.
D) where a receipt of cash will occur simultaneously with an outflow of cash.

ANSWER

C