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A disadvantage of the accounting rate of return method is that: Multiple Choice it is simple and intuitive. it is based on cash flow rather
A disadvantage of the accounting rate of return method is that:
Multiple Choice
it is simple and intuitive.
it is based on cash flow rather than accounting income.
it does not incorporate the time value of money.
all of these choices.
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Auditing and Assurance Services A Systematic Approach
Authors: William Messier, Steven Glover, Douglas Prawitt
9th edition
1308361491, 77862333, 978-1259248290, 9780077862336, 1259162346, 978-1259162343
