The process by which management plans, evaluates, and controls long-term investment decisions involving fixed assets is called

A) absorption cost analysis
B) variable cost analysis
C) capital investment analysis
D) cost-volume-profit analysis

Capital investment analysis is the process of evaluating and controlling long-term investment decisions involving fixed assets. It involves assessing the potential costs and benefits of acquiring or investing in fixed assets, such as land, property, and equipment, over the long term. Absorption cost analysis, variable cost analysis, and cost-volume-profit analysis are all methods of analyzing costs and profits for short-term decision making, rather than long-term investment planning.