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    Question

    What does the term capital budgeting refer to in

    financial planning?
    A Planning for operating expenses Correct Answer Incorrect Answer
    B Managing working capital Correct Answer Incorrect Answer
    C Evaluating long-term investment proposals Correct Answer Incorrect Answer
    D Calculating tax liabilities Correct Answer Incorrect Answer
    E Issuing dividends Correct Answer Incorrect Answer

    Solution

    Capital budgeting is the process of planning and evaluating investments in long-term assets.

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