capital budgeting decisions are long term decisions is true or false
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1
Answer:
True
Explanation:
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Answered by
0
TRUE
Explanation:
Capital Budgeting is a choice-making process in which a company is planning and calculates any long-term operating expenses which are supposed to receive cash flow returns further than a year.
- Capital budgeting is a method employed by firms to evaluate if projects are worth consideration.
- Capital budgeting allows companies to determine whether to do things like buying new facilities, expanding their facilities, investing in new software, or taking other long-term measures to improve the corporation.
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