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Imagine you are the Corporate Financial Officer (CFO) of a Fortune 500 company. Describe...

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Accounting

Imagine you are the Corporate Financial Officer (CFO) of a Fortune 500 company.

  • Describe to your classmates the process your company would use in approving the capital expenditure budget. Remember that companies try to minimize expenditures.
  • What evidence would you submit to top management to support your request for requested expenditures the company needs and why?

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