Effective capital budgeting can improve the timing of asset acquisition and the quality of assets purchased, thereby providing an opportunity to purchase and install assets before they are needed.?
Answer the following statement true (T) or false (F)
True
Effective capital budgeting can improve both the timing of asset acquisitions and the quality of assets purchased. A firm that forecasts its needs for capital assets in advance will have an opportunity to purchase and install the assets before they are needed. See 9-1: Importance of Capital Budgeting
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Indicate whether the statement is true or false
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A)intervenors, political entities. B)industry organizations, intervenors C)intervenors, ALJ's. D)intervenors, industry organizations.