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Which of the following statement is not true for capital budgeting? a.Capital budgeting decisions affect the future stability of the firm. b.Business expansion decision is

Which of the following statement is not true for capital budgeting?

a.Capital budgeting decisions affect the future stability of the firm.

b.Business expansion decision is a capital expenditure decision.

c.Capital budgeting decisions are reversible in nature.

d. Sunk cost is an irrelevant cost in capital budgeting

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