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Which of the following is/are true for the average accounting return method of project analysis? 1. does not need a cutoff rate II. ignores time

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Which of the following is/are true for the average accounting return method of project analysis? 1. does not need a cutoff rate II. ignores time value of money III. is based on project's cash flows IV. easily obtainable information for computation Multiple Choice O I only I, II, III, and IV O II and IV only I and IV only O I, II, and IV only

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