Which of the following statements regarding capital investments is not true? a.They involve some of the most important business decisions that management makes. b.They involve the long-term commitment of funds. c.They affect operations for many years. d.They involve investments of an immaterial amount.

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter12: Corporate Valuation And Financial Planning
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Problem 6Q: Suppose a firm makes the following policy changes listed. If a change means that external,...
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Which of the following statements regarding capital investments is not true?
a.They involve some of the most important business decisions that management makes.
b.They involve the long-term commitment of funds.
c.They affect operations for many years.
d.They involve investments of an immaterial amount. 
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