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Which of the following describes the word capital budgeting? It involves budgeting for yearly operational expenses. It involves preparing the sales budget for the coming
Which of the following describes the word "capital budgeting"?
It involves budgeting for yearly operational expenses.
| It involves preparing the sales budget for the coming year. |
| It involves deciding among various long-term investment decisions. |
| It involves analyzing various alternatives of financing available to a company. |
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