Which of the following is NOT true about capital budgeting?
A) It involves identifying projects that will add to a firm's value.
B) It involves investing large capital.
C) It allows a firm to reverse the decision of large capital investments at any time.
D) It allows a firm's management to analyze potential business opportunities and decide on which ones to undertake.
Correct Answer:
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A) a firm has
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Q33: Capital rationing implies that
A) funding resources exceed
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