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Answer Posted / s.veerabrahmam
capital budgeting concerns with investing on long term investment such as new machinery,replacement machinery,new
plants,new products,and research and development projects.
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outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited
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