Question: type answer no fluff BA level E007 5- Define and contrast capital budgeting and operating budget? Explain why capital budgeting decisions are critical to businesses?

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no fluff

BA level

E007 5- Define and contrast capital budgeting and operating budget? Explain why capital budgeting decisions are critical to businesses? (20points) 5a- What is the purpose of categorizing capital projects such as mandatory etc. 5b- Should financial analysis play the dominant role in capital budgeting decisions? Explain your answer. 5C- What are the four steps of capital budgeting analysis? Elaborate

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