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Deciding which long-term investment a firm should make is a ______ decision.
Deciding which long-term investment a firm should make is a ______ decision.a. capital structure
b. capital budgeting
c. working capital management
d. capital constraints
e. cost of capital
Deciding which long-term investment a firm should make is acapital budgetingdecision. Here option B is the correct answer.The process of assessing and choosinglong-term investmentsthat are anticipated to provide future cash flows is known as capital budgeting. These expenditures could involve buying new machinery, constructing brand-new buildings, or funding R&D.Capital budgeting decisions are usually long-term in nature and have a significant impact on a firm'sfuture operationsand performance.It's important to note that capital budgeting is a crucial function for firms to grow, and it's done by the top management of a firm, it's astrategic decisionthat impacts the firm's future.To learn more aboutcapital budgetingbrainly.com/question/28304454#SPJ4...