Discuss the adjustments in the capital budgeting process that should be made to compensate for expected inflation.

Question:

Discuss the adjustments in the process that should be made to compensate for expected inflation.
Capital Budgeting
Capital budgeting is a practice or method of analyzing investment decisions in capital expenditure, which is incurred at a point of time but benefits are yielded in future usually after one year or more, and incurred to obtain or improve the...