Explain the capital budgeting process

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Explain the Capital Budgeting process used in your work place. • How are cash flows determined • Who is involved in the process • What computation is most commonly used (ie IRR, NPV, Payback etc) • What is the follow up process once a project has been approved? (ie. If a buying a new machine that will save money, is there any validation the savings are realized)

This would be for a physician’s office.

Reference no: EM131031615

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