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3. The capital budgeting process Capital budgeting involves evaluating the value of long-term assets or projects. Which of the following should be included in the capital budgeting process? Check all that apply. ips ips Evaluate the riskiness of the projected cash flows. Estimate the future cash flows associated with the project. Compare the present value of the cash flows to the initial investment or cost required to acquire the asset. Perform a post-audit after the asset is in place or the project is finished. Include taxes and financing requirements. Grade It Now Save & Continue Continue without savir 3 N