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QUESTION 19 Which of the following statements concerning capital budgeting is true? A. Once a company has invested in a capital asset, there is no
QUESTION 19 Which of the following statements concerning capital budgeting is true? A. Once a company has invested in a capital asset, there is no need to perform post-audits because management cannot change its mind after already having acquired the asset B. When rationing capital, management should rank the capital asset with the highest NPV as the best investment alternative for the company C.One weakness of the payback method is that is impossible to use if the expected future net cash inflows for each period are not equal in amounts. D.None of the above
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