Which of the following is not true with respect to the Accounting Rate of Return (ARR)? a)
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Question:
Which of the following is not true with respect to the Accounting Rate of Return (ARR)?
a) It is based on accounting concepts such as accounting profit and depreciation.
b) It takes account of the time value of money.
c) The hurdle rate is arbitrary.
d) The definition of both profit and capital can be somewhat arbitrary and variable.
Expert Answer:
Answer Correct Option B b It takes account of the time value of money Accoun... View the full answer
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