Managers use capital budgeting as a decision-making and a control tool.

Name: Managers use capital budgeting as a decision-making and a control tool.
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Question

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Managers use capital budgeting to evaluate potential investments and make decisions about which projects to pursue. It is also used as a control tool to monitor the progress and performance of projects after they have been approved and implemented.

Managers Use Capital Budgeting as a Decision-Making and a Control