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Northern Companies has three separate divisions. Each year, the company determines the amount it can afford to spend in total for capital expenditures and then

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Northern Companies has three separate divisions. Each year, the company determines the amount it can afford to spend in total for capital expenditures and then allocates one-third of that amount to each division. This allocation process is called: O soft rationing O strategic planning, O opportunity cost allocation. O hard rationing O divisional separation

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