Question: How does the capital budgeting process begin? A. by forecasting the future consequences for the firm of each potential project B. by analyzing alternate projects

How does the capital budgeting process begin? A. by forecasting the future consequences for the firm of each potential project B. by analyzing alternate projects C. by evaluating the net present value (NPV) of each project's cash flows D. by calculating the incremental earnings of a project E. by compiling a list of potential projects
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