MCQ
Identify the incorrect statement with respect to ‘Investment decision’:
  • A
    Net working capital refers to excess of current assets over current liabilities
  • B
    Current assets are those assets which get converted into cash within one year
  • C
    Capital budgeting decisions are irreversible.
  • D
    Size of the assets, Profitability and competitiveness are not affected by capital budgeting decisions.

Answer

D. Size of the assets, Profitability and competitiveness are not affected by capital budgeting decisions.

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