The capital budgeting decision process can be described as how a firm's day-to-day financial matters should be managed. how a firm should finance its assets. which productive assets a firm should purchase. all of the above.

The correct answer is the third option: which productive assets a firm should purchase.  

Explanation:

To begin with, the name of "Capital Budgeting Decision Process" refers to a series of analyses techniques that will help the responsible to decide which options are the best to take when it comes to decision making process. Therefore that with this method the information recollected is used in order to determine which project will be best to take on. And it does by analyzing the financial data of the company and its environment, so that is why that is quite good comparing to other process of decision making in the same circumstances.

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