Note: The current Chapter 4 in your textbook is incorrect. Please use the Chapter 4: Capital Investment Decision file located in the Student Center under eChapters, or click here to download the file.
- Capital budgeting decisions are among the most important decisions facing business entities. Suggest specific milestones needed to evaluate the performance of capital projects, and suggest some ways to hold managers accountable for spending overruns. Recommend when capital projects should be abandoned due to subsequent cost overruns. Support your position.