Discuss the phases in the capital budgeting process


Briefly describe each of the following phases of the capital budgeting process: (a) identification phase; (b) evaluation phase; (c) control phase; and (d) audit phase. (e) Would saving time by skipping one of the phases in the capital budgeting process be a costly financial mistake? Explain

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Finance Basics: Discuss the phases in the capital budgeting process
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