Multiple Choice Question 26 The capital budget for the year is approved by a company's officers. O board of directors. stockholders. capital budgeting committee. Click if you would like to Show Work for this question: Open Sh Multiple Choice Question 28 Most of the capital budgeting methods use cash flow numbers. o net income. O accrual accounting revenues. O accrual accounting numbers. Click if you would like to Show Work for this question: Multiple Choice Question 29 The first step in the capital budgeting evaluation process is to approve the capital budget. screen proposals by a capital budgeting committee. request proposals for projects. determine which projects are worthy of funding. Click if you would like to Show Work for this question: Open