Which of the following is incorrect about the annual rate of return technique? (a) The calculation is
Question:
Which of the following is incorrect about the annual rate of return technique?
(a) The calculation is simple.
(b) The accounting terms used are familiar to management.
(c) The timing of the cash inflows is not considered.
(d) The time value of money is considered.AppendixLO1
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Accounting Tools For Business Decision Making
ISBN: 9781118771112
5th Edition
Authors: Kimmel, Wetlands, Kieso
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