Accounting - Capital Budgeting
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A principle difference between operational budgeting and capital budgeting is the time frame of the budget. Because of this difference, capital budgeting:
a. is an activity that involves only the financial staff
b. is done on a rolling budget period basis
c. focuses on the present values of cash flows from investments
d. is concerned with long term net income forecasts
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This solution provides the correct choice to the operational budgeting and capital budgeting question listed, along with an explanation.
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c. focuses on the present values of cash flows from investments
-- Capital budgets ...
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