The "budget" is aplan which details [...]during a future period.
Answer
projected cash inflows and outflows
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Subject 1. Capital Budgeting: Introduction ssets) whose cash flows are expected to extend beyond one year. Managers analyze projects and decide which ones to include in the capital budget.
"Capital" refers to long-term assets. The "budget" is a <span>plan which details projected cash inflows and outflows during a future period.
The typical steps in the capital budgeting process:
Generating good investment ideas to consider. Analyzing individual pro
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