Title: LESSON SIX: Capital Budgeting
Course: BAC300: Management Accounting I (PEBL)

6.1 Introduction

This lesson aims at helping you understand capital budgeting, capital budgeting decisions and importance of capital budgeting in businesses.

6.2 Lesson Learning Outcomes

At the end of this lesson, you will be able to:

1. Define capital budgeting.
2. Explain capital budgeting decisions.
3. Discuss the importance of capital budgeting in businesses.