Management uses several capital budgeting approaches in evaluating projects for possible investment. Identify those approaches that are more desirable from a conceptual standpoint and briefly explain what features these approaches have that make them more desirable than other approaches. Also identify the least desirable approach and explain its major weaknesses.

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The Answer of Management uses several capital budgeting approaches in evaluating projects for possible investment. Identify those approaches that are more desirable from a conceptual standpoint and briefly explain what features these approaches have that make them more desirable than other approaches. Also identify the least desirable approach and explain its major weaknesses.

Management Uses Several Capital Budgeting Approaches in Evaluating Projects for Possible