Ideas for capital budgeting projects come from all levels within an organization. The bottom up process results in ideas percolating through the organization.

A. downward
B. sideways
C. upward
D. any way



33) There are two important tax considerations for a capital budgeting project. These include which (if any) of the following?

A. It is indeed cash flow that’s irrelevant.
B. The standard cash flow estimation does not explicitly identify the financing costs.
C. The Principle of Incremental Benefits reminds us that it is the incremental cash flow that’s relevant.
D. none of these

Net present value ( NPV) is the difference between __________.

A. what a capital budgeting project produces and what it is worth (its market value)
B. what a capital budgeting project costs and what it is worth (its market value)
C. what a capital budgeting project produces and what it is pays
D. cash flows before taxes and cash flows after taxes

Optional Information:
Country/State/Province of question: MS

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