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- Study guides, Class notes & Summaries
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capital budgeting process - -the process of identifying and evaluating capital projects (projects where the cash flow to the firm will be received over a period longer than one year)
-4 administrative steps of capital budgeting process - -1. idea generation
2. analyzing project proposals (decision to accept/reject)
3. create firm-wide capital budget
4. monitoring decisions and conducting post-audit
-5 key principles of capital budgeting process - -1. decisions based on cash flows, not a...
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