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(LO1, 7) Are the capital budgeting criteria we discussed applicable to not-for-profit corporations? How should such entities make capital budgeting decisions? What about different levels

(LO1, 7) Are the capital budgeting criteria we discussed applicable to not-for-profit corporations? How should such entities make capital budgeting decisions? What about different levels of government; i.e., federal, provincial, and municipal? Should they evaluate spending proposals using these techniques?

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