Capital budgeting is process of planning expenditures on assets whose cash flows are expected to end in less than one year.

Name: Capital budgeting is process of planning expenditures on assets whose cash flows are expected to end in less than one year.
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Question

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Capital budgeting is actually the process of planning and evaluating long-term investments or expenditures on assets whose cash flows are expected to be received over a period of more than one year.

Capital Budgeting Is Process of Planning Expenditures on Assets Whose