Capital budgeting is the method we use to justify the acquisition of those items that have a useful life of less than one year.

Name: Capital budgeting is the method we use to justify the acquisition of those items that have a useful life of less than one year.
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Capital budgeting is used for evaluating and planning for expenditures on assets with useful lives extending beyond one year, such as buildings, machinery, and equipment.

Capital Budgeting Is the Method We Use to Justify the Acquisition