Identify capital expenditures relevant to accomplishing strategic goals is the first step in the capital budgeting decision process model.

Name: Identify capital expenditures relevant to accomplishing strategic goals is the first step in the capital budgeting decision process model.
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Quizplus · Accepted Answer

This statement is true. Identifying capital expenditures that align with strategic goals is a critical step in determining which projects to prioritize and fund through the capital budgeting process.

Identify Capital Expenditures Relevant to Accomplishing Strategic Goals Is the First