Which the capital budget for the year is approved by company

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Question 1: The capital budget for the year is approved by a company's

Option 1: board of directors

Option 2: capital budgeting committee

Option 3: officers.

Option 4: shareholders.

Question 2: Which of the following represents a cash inflow?

Option 1: the initial investment

Option 2: sale of old equipment

Option 3: repairs and maintenance

Option 4: increased operating costs

Reference no: EM132608220

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