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    Cost Accounting
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    Exam 23: Performance Measurement, Compensation, and Multinational Considerations
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    The Proponents of Using Net Book Value as an Investment
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The Proponents of Using Net Book Value as an Investment

Question 102

Question 102

True/False

The proponents of using net book value as an investment base maintain that it is less confusing because it is consistent with the amount of total assets shown in the conventional balance sheet.

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