Capital budgeting is the procedure a firm uses to plan its cash flow strategy for the next year.

Name: Capital budgeting is the procedure a firm uses to plan its cash flow strategy for the next year.
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Question

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Capital budgeting is the procedure a firm uses to evaluate potential long-term investments or projects and their potential returns. It is focused on making investment decisions rather than planning cash flow for the next year.

Capital Budgeting Is the Procedure a Firm Uses to Plan