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4 November, 20:26

Corporate budgeting is a wise choice for funding newer technologies and innovation. T/F

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  1. 4 November, 20:55
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    Answer: True

    Explanation: In corporate budgeting, the organisations analyze and estimates the funds it needs to operate its business activities in the future. After analyzing the needs for the funds, the management then plans their strategies accordingly.

    Thus, we can conclude that corporate budgeting is the right choice to make decisions regarding heavy investments like procurement of new technologies.
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