Capital investment decisions often involve large outlays of cash for long periods of time. a. Several factors

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Capital investment decisions often involve large outlays of cash for long periods of time.

a. Several factors affect the risk associated with capital investments.

b. Capital investment decisions can be difficult to reverse without large losses.

c. Capital investment decisions often are political because different divisions compete for funds.

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Managerial Accounting Information For Decisions

ISBN: 9780324222432

4th Edition

Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill

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