8. Conclusions about capital budgeting The decision process Before making capital budgeting dedsions, finance professionals often generate, review, analyze, select, and implement long-term investment proposais that meet firm-specific criteria and are consistent with the firm's strategic goals. Companies often use several methods to evaluate the project's cash flows and each of them has its benefits and disadvantages. Based on your understanding of the capital budgeting evaluation methods, which of the following conduslons about capital budgeting are valid? Cheok all that apply. The discounted payback period improves on the regular payback period by accounting for the time value of moner. Managers have been slow to adopt the IRR, because pertentage returns are a harder concept for them to grasp. For most firms, the reinvestment rate assumption in the MIRR is more realistic than the assumption in the IRR. True or False: Sophisticated fims use only the NPV method in capital budgeting decisions. False True