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  3. Study Set
    Cost Accounting
  4. Exam
    Exam 21: Capital Budgeting and Cost Analysis
  5. Question
    Accrual Accounting Rate of Return Is Calculated by Dividing an Increase
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Accrual Accounting Rate of Return Is Calculated by Dividing an Increase

Question 122

Question 122

True/False

Accrual accounting rate of return is calculated by dividing an increase in expected average annual after-tax operating income by the net initial or average investment.

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