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Capital budgeting refers to the technique underlying which alternative investment pertaining to the asset is being analyzed so as to earn money out of it. This technique is used for taking decision that involves lease/rent or by, upgrade replacement, replace or fix, make or buy. The decision that involves large capital expenditure such as replacement or repair of the old truck is usually take through capital budgeting techniques. Hence, the owner of lawn care services will make use of “capital budgeting techniques”