The capital budgeting technique known as accounting rate of return uses

Name: The capital budgeting technique known as accounting rate of return uses
Brand: Quizplus
Rating: 4.7 (54 reviews)

Question

Quizplus · Accepted Answer

Accounting rate of return is a capital budgeting technique that uses accounting data, such as net income and book value of assets, to calculate the average annual rate of return on an investment. Therefore, it falls under the category of both accounting and capital budgeting techniques.

The Capital Budgeting Technique Known as Accounting Rate of Return