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Corporate Finance: Capital Budgeting
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---2mei 20232022/2023A+
- capital budgeting process - -the process of identifying and evaluating capital projects (projects where the cash flow to the firm will be received over a period longer than one year) 
 
-4 administrative steps of capital budgeting process - -1. idea generation 
2. analyzing project proposals (decision to accept/reject) 
3. create firm-wide capital budget 
4. monitoring decisions and conducting post-audit 
 
-5 key principles of capital budgeting process - -1. decisions based on cash flows, not a...
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