Cost Accounting (15th Edition)

Published by Prentice Hall
ISBN 10: 0133428702
ISBN 13: 978-0-13342-870-4

Chapter 21 - Capital Budgeting and Cost Analysis - Assignment Material - Questions - Page 830: 21-1

Answer

No, capital budgeting and accrual accounting have different focuses. While accrual accounting records revenue and expenses when they are earned or incurred, capital budgeting focuses on evaluating long-term investment decisions, considering factors like cash flows and future benefits.

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