What is your choice about defining capital budgeting?

A) Capital budgeting is the process of determining both how much  

     to be spend on capital assets and which assets to acquire

B) Capital budgeting refers to analyzing economic desirability of the

     investment projects

C) AllCapital budgeting is the process of determining how much to

     be spend on capital assets only

D) A and B are correct

E) All of the above