TEST BANK FOR CAPITAL BUDGETING CHADRA SEKRAH
Harvard University
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Exam (elaborations) TEST BANK FOR CAPITAL BUDGETING CHADRA SEKRAH
- Exam (elaborations) • 35 pages • 2022
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Exam (elaborations) TEST BANK FOR CAPITAL BUDGETING CHADRA SEKRAH 
Which of the following about capital budgeting and capital budget is incorrect? 
a. Capital budgeting is the process of planning expenditures for assets, the return on which are expected to be 
realized within one year. 
b. Once capital decisions are made, they tend to be relatively inflexible because the commitments extend well 
into the future. 
c. In capital budgeting, accurate forecasting is needed to anticipate changes in t...
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