Nature and Concept of Capital Budgeting

Question expected – Explain the nature and concept of Capital budgeting?

Capital Budgeting – Meaning

Capital expenditure budget or capital budgeting is a process of making decision regarding investments in fixed assets which are not meant for sale such as land, building, machinery or furniture. The word investment

Important Functions of Finance

The question may appear as – What are Finance Functions? Explain them.
The important functions to which finance is closely related are as given below

KEY AREAS OF DECISION MAKING OF THE TOP MANAGEMENT

The key areas of the Top Management are