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Whta is
mean by
capital
budgeting



Whta is mean by capital budgeting..

Answer / madhulika2011

Capital budgeting (or investment appraisal) is the planning process used to determine whether an organization's long term investments such as new machinery, replacement machinery, new plants, new products, and research development projects are worth pursuing. It is budget for major capital, or investment, expenditures.

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