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Explain how the capital budget is required for strategic management.

15-20 slides-  title and reference page

Create a PowerPoint presentation to educate others regarding the development of an operational budget and a capital budget. Be sure to include the following:

  • Provide the process for developing an operational budget.
  • Provide the process for developing a capital budget.
  • Differentiate between the operational and capital budgets.
  • Explain how the capital budget is required for strategic management.

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