Acceptance-or-rejection decisions involve managers deciding whether they should undertake a particular capital investment project. In...

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Accounting

Acceptance-or-rejection decisions involve managers deciding whether they should undertake a particular capital investment project. In such a decision, the required funds are available or readily obtainable, and management must decide whether the project is worthwhile. In capital-rationing decisions, managers must decide which of several worthwhile projects makes the best use of limited investment funds. (I just need a response for this, about 150 or less words. practically 3 sentences).

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