Solved: What is incorrect about the annual rate of return technique, Accounting Basics

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What is incorrect about the annual rate of return technique

Question:

Which of the following is incorrectabout the annual rate of return technique?

(a) The calculation is simple.

(b) The accounting terms used are familiar to management.

(d) The time value of money is considered.

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Accounting Basics: What is incorrect about the annual rate of return technique

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Accounting Basics: What is incorrect about the annual rate of return technique

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