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4. Which of the following statements is true concerning the capital acquisitions budget? A) It is constructed directly from the values in the sales budget.

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4. Which of the following statements is true concerning the capital acquisitions budget? A) It is constructed directly from the values in the sales budget. B) It is the same as the capital budgeting process. C) It consists of a plan to acquire long-lived assets. D) It is dependent upon plant capacity

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