Title: “Capital Budgeting Techniques: Making Informed Investment Decisions” Capital budgeting is the process of evaluating and selecting long-term investment projects that will generate future cash flows for a company. It involves analyzing potential investments to determine their financial

Describe the most important capital budgeting techniques and how they are used to arrive at investment decisions.
Name at least two capital budgeting techniques (for example, NPV, IRR, Payback Period, et cetera)
How does a manager differentiate when to use capital budgeting versus simple return on investment (ROI) techniques?