Which one factor that makes capital budgeting

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Problem 1: One factor that makes capital budgeting one of the most important function of financial managers is that:

Group of answer choices

Option 1: the decisions generally have a short-term effect on the firms performance.

Option 2: the decisions generally do not involve long-term assets.

Option 3: the decisions generally do not involve substantial expenditures

Option 4: all of the above are true

Option 5: none of the above are true

Reference no: EM132934026

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