Answer:
The answer is 2. whether or not to purchase a new machine for the production line
Explanation:
Capital budgeting is the process use for making decisions on capital projects like buying plant and equipment or a new machine. These projects usually last a year or more
Capital budgeting nvolves stages.
It is worthy of note that capital decisions cannot be reversed at a low cost, so mistakes are very costly.
It is usually associated with investment decision.
Option 1 is incorrect because the decision of how much money should be kept in the checking account is an operational decision.
Option 3. is incorrect because this is a financing decision
Option 4 is also a financing decision.
