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Which of the following statements is incorrect? Question 3 options: 1) Discounted cash flow techniques explicitly recognise the time value of money. 2) Payback recognises
Which of the following statements is incorrect?
Question 3 options:
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| 1) | Discounted cash flow techniques explicitly recognise the time value of money. |
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| 2) | Payback recognises the time value of money. |
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| 3) | Accounting rate of return recognises the time value of money. |
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| 4) | Payback recognises the time value of money AND accounting rate of return recognises the time value of money. |
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