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Which of the following statements is true regarding the need to evaluate proposed projects accurately in capital budgeting? a . All projects need extremely detailed

Which of the following statements is true regarding the need to evaluate proposed projects accurately in capital budgeting?
a. All projects need extremely detailed analysis to be warranted.
b. Firms categorize projects and analyze each category of projects differently.
c. Firms categorize projects in different ways but analyze each project the same way.
d. Firms avoid categorizing projects as this could cause favoritism in certain areas of the company.

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