Question: While the budgeting techniques described in Chapter 12 are intended to be used by the modern, sophisticated business manager, not everyone uses them. Consider people

While the budgeting techniques described in Chapter 12 are intended to be used by the modern, sophisticated business manager, not everyone uses them. Consider people who do capital budgeting analyses for smaller, privately held business firms. What techniques would be most appropriate for their situation and how would you determine their success

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