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Which of the following statements about capital budgets is true?
Accountants usually draft the capital budget because they know how much money the organization has available.
Engineers rarely get involved in capital budgeting issues.
Engineers are usually intimately involved in drafting the capital budget because they design and cost new capital projects.
Capital budgets are not important as most organizations can borrow more money than they need.
If the capital budget is tight, it is normal to buy items out of spare operating budget cash.
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