Capital investment decisions are important decisions about acquiring long-term assets. a. Operational decisions are those decisions that

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Capital investment decisions are important decisions about acquiring long-term assets.

a. Operational decisions are those decisions that affect the day-to-day operations of the company and the short-run outcomes of those operations.

b. Strategic decisions are those decisions that affect the major directions the company is taking and the long-run outcome of those directions.

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Managerial Accounting Information For Decisions

ISBN: 9780324222432

4th Edition

Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill

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