Question: True or false. The below describe a multi step process for allocating financial resources among several strategic projects. In addition to other nonsstrategic capital investment

True or false. The below describe a multi step process for allocating financial resources among several strategic projects. In addition to other nonsstrategic capital investment proposals identify and describe all the capital spending requests for the current budget cycle. Describe the non-financial benefits that are expected to result from the capital expenditure. Set priorities for each of the Capitol requests on the basis of urgency factors like critical relevance to current operations, make projections of cash flow for each capital request, perform financial analysis for each capital request and evaluating comparative financial and nonparential benefits of all capital requests. And decide which ones to fund in in what amounts

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