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  3. Study Set
    Cost Accounting
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    Exam 21: Capital Budgeting and Cost Analysis
  5. Question
    As Cash Flows and Time Value of Money Are Central
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As Cash Flows and Time Value of Money Are Central

Question 33

Question 33

True/False

As cash flows and time value of money are central to capital budgeting decisions, the AARR method is regarded as better than the IRR method.

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