Capital investment decisions are important decisions about acquiring long-term assets. a. Operational decisions are those decisions that
Question:
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.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Managerial Accounting Information For Decisions
ISBN: 9780324222432
4th Edition
Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill
Question Posted: