Which one of the following is correct? a. Short-run planning includes capital budgeting and operational budgeting. b.

Question:

Which one of the following is correct?
a. Short-run planning includes and operational budgeting.
b. Long-run planning includes production and process prioritizing.
c. Long-run planning includes strategic planning and Short-run planning includes strategic planning and production and process prioritizing.
e. Long-run planning includes and operational budgeting.

Capital Budgeting
Capital budgeting is a practice or method of analyzing investment decisions in capital expenditure, which is incurred at a point of time but benefits are yielded in future usually after one year or more, and incurred to obtain or improve the...