Which of the following describes the capital budgeting evaluation process? O The officers of the company submit their proposals to the capital budget committee who choose which projects will be forwarded to the shareholders for ultimate approval. O The capital budget committee submits its proposals to the officers of the company who choose which projects will be forwarded to the shareholders for ultimate approval. O The capital budget committee submits its proposal to the officers of the company who choose which projects will be forwarded to the board of directors for ultimate approval. O The officers of the company submit their proposals to the capital budget committee who choose which projects will be forwarded to the board of directors for