The process of planning and managing investments in assets that are anticipated to generate cash flows for more than a year is known as capital budgeting. This assertion is accurate.
Capital budgeting is a tool used by businesses to evaluate significant projects and investments, such brand-new buildings or equipment. Examining the cash flows into and out of a project is the technique used to determine whether the expected return meets a set criterion.
Capital budgeting and investment evaluation are terms used in corporate finance to describe the planning process used to determine whether a company should make long-term investments in new or replacement machinery.
Learn more about capital budgeting here
https://brainly.com/question/24347956
#SPJ4
