List at least three characteristics of a capital budgeting study.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter10: Capital Budgeting: Decision Criteria And Real Option
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List at least three characteristics of a capital budgeting
study.

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Capital budgeting is a process of finding and evaluating potential capital projects and making a decision on the basis of the returns that will be earned on that investment.

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