Q 12.1: Which of the following statements is correct? A Capital budgeting proposals are screened by management and submitted to the capital budgeting committee for its selection and approval of proposals (B The board of directors approves the capital budget. Capital budgeting project proposals are requested from the company's vendors and customers. D Capital budgeting decisions usually involve relatively minimal investments and most often have a limited impact on the company's future profitability. Mark for Review Confidence mm