Question:
“Abandoning a project after heavy investment is made, is quite costly in terms of waste of funds. Therefore these decisions should be taken carefully”. This statement highlights which point of importance of fixed capital/ capital budgeting decision.- Identify
“Abandoning a project after heavy investment is made, is quite costly in terms of waste of funds. Therefore these decisions should be taken carefully”. This statement highlights which point of importance of fixed capital/ capital budgeting decision.- Identify
Updated On: Sep 23, 2024
- Irreversible decisions
- Risk involved
- Large amount of funds
- Long term growth
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The Correct Option is A
Solution and Explanation
The correct option is (A) :Irreversible decisions.
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