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The term capital budgeting describes how companies:
A-plan significant investments in projects that have long-term implications.
B-develop annual estimates that are used to create a budgeted income statement and balance sheet.
C-use budgets to evaluate the performance of investment center managers.
D-use activity-based costing to develop product and customer profitability projections.
(Also B is not correct, I already tried with my first attempt, option B is not correct) (Develop annual estimates.. is incorrect)
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