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Which of the following figures of merit does not directly take into consideration the time value of money? I. Payback period II. Internal rate of
Which of the following figures of merit does not directly take into consideration the time value of money?
I. Payback period
II. Internal rate of return
III. Net present value (NPV)
IV. Accounting rate of return
IV only
I and III only
II and III only
I and II only
I and IV only
I. Payback period
II. Internal rate of return
III. Net present value (NPV)
IV. Accounting rate of return
IV only
I and III only
II and III only
I and II only
I and IV only
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Auditing a business risk appraoch
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
6th Edition
9780324645095, 324645090, 978-0324375589
