Capital expenditure decisions

are useful for estimating inventory acquisition costs.

always involve the acquisition of long-lived assets.

consist of a final list of approved projects.

OR all of these answer choices are correct.

Which of the following isnota component of a time value of money calculation?

The required rate of return.

The amount of cash to be received.

The opportunity costs of alternative actions.

The time until the cash will be received.

Which of the following is correct concerning a budget?

It is a formal document that quantifies a company's plans for achieving its goals.

It is prepared by the budget committee.

It identifies the causes of significant deviations from expected performance.

OR All of the answer choices are correct.