12.1 Describe the importance of capital investments and the capital budgeting process. True or False. 1) The process of making capital investment decisions is referred to as capital return. 2) Self-scan check-out machines are an example of capital assets. 3) Capital budgeting is based on job costing. 4) Choosing among alternative capital investments is called capital rationing. 5) Post-audits of capital investments help determine the net cash flows generated by capital investments. 6) The costs to develop a major website for a company would be considered to be a capital asset if those 7) The cost associated with renovating a warehouse to be used as a restaurant would be considered to be a capital asset. 8) The health care insurance cost of a company for its assembly-line workers would be considered to be a capital asset. 9) Capital investment analysis in sustainability should consider future cost savings such as fewer lawsuits and regulatory fines