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    Exam 23: Capital Investment Decisions and the Time Value of Money
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    Which Capital Budgeting Method Uses Accrual Accounting, Rather Than Net
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Which Capital Budgeting Method Uses Accrual Accounting, Rather Than Net

Question 37

Question 37

Multiple Choice

Which capital budgeting method uses accrual accounting, rather than net cash flows, as a basis for calculations?


A) Internal rate of return
B) Payback
C) Accounting rate of return
D) Net present value

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