What are the strengths and weaknesses of the accrual accounting rate-of-return (AARR) method for evaluating long-term projects?
What will be an ideal response?
Answer: The accrual accounting rate of return (AARR) divides an accrual accounting measure of average annual income from a project by an accrual accounting measure of its investment. AARR gives managers an idea of how accepting a project will affect a firm's future reported accounting profitability. However, AARR uses accrual accounting income numbers, does not track cash flows, and ignores the time value of money.
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A statement on your behalf by someone who is accepted as an expert by the audience is called what?
A) Qualification B) Image enhancement C) Euphemism D) Credential E) Endorsement
When the source of conversation about a product is trustworthy, consumers are more likely to purchase the product and, in turn, talk about it
Indicate whether the statement is true or false