Which of the following statements is incorrect? O A) Capital budgeting affects the master budget because...

 

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Which of the following statements is incorrect? O A) Capital budgeting affects the master budget because it considers what assets a company should have and use when achieving its budgets. OB) Cash outflows for capital budgeting will appear on the cash budget. Oc) Capital budgeting involves decisions as whether to buy or lease equipment. OD) Capital budgeting focuses on short-term planning. Which of the following statements is incorrect? O A) Capital budgeting affects the master budget because it considers what assets a company should have and use when achieving its budgets. OB) Cash outflows for capital budgeting will appear on the cash budget. Oc) Capital budgeting involves decisions as whether to buy or lease equipment. OD) Capital budgeting focuses on short-term planning.

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The correct answer is A Capital budgeting is a process that involves the allocation of resources to ... View the full answer