Asked by Katelyn Nartiff on May 05, 2024
Verified
Estimating inaccuracies in the capital budgeting process come from any number of sources except for:
A) Projects are usually proposed by individuals that have a vested interest in the project.
B) Conflict of interest
C) The judgment of experienced managers
D) All of the above
Experienced Managers
Individuals who possess significant knowledge and skills acquired through years of managing operations, teams, or companies.
Capital Budgeting
The process a business undertakes to evaluate potential major projects or investments.
- Assess project proposals considering estimating inaccuracies and subjective benefits.
Verified Answer
ND
Nidhi DesaiMay 09, 2024
Final Answer :
C
Explanation :
The judgment of experienced managers is not a source of estimating inaccuracies in the capital budgeting process. Instead, it is often relied upon to improve the accuracy of estimates, as experienced managers can provide valuable insights based on their knowledge and past experiences.
Learning Objectives
- Assess project proposals considering estimating inaccuracies and subjective benefits.