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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
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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