Examlex
Which of the following is not a characteristic of capital budgeting post-audits?
Right to Participate
A term indicating the entitlement of an individual or entity to take part in certain activities or to have a share in certain rights or benefits.
Income-sharing Ratio
The proportion at which profits or losses are divided among participants in a joint venture or partnership agreement.
Capital Balances
The amounts reflected in a company's accounts representing the capital invested by its owners.
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