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Why is the investment appraisal process so important?

Updated: 8/17/2019
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12y ago

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investment means we will spend money and get benefits from it in future, investments means heavy outflow of cash which can never be invested thats why we appraise the investment for our own satisfaction to ensure that we spending our money in a right way because no one is born with unlimited money

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Q: Why is the investment appraisal process so important?
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