Question: -Assume that all the division managers do overstate cash flow projections in their proposals . -What would you do if you were recently promoted to

-Assume that all the division managers do overstate cash flow projections in their proposals.

-What would you do if you were recently promoted to division manager and had to compete for funding under these circumstances.

-What controls might be implemented to discourage the overstatement of capital budgeting estimates by division manager.

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