What capital budgeting technique is NOT considered to be a time-value-of-money yardstick?

Name: What capital budgeting technique is NOT considered to be a time-value-of-money yardstick?
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Question

Quizplus · Accepted Answer

ROA (Return on Assets) does not take into account the time value of money, unlike NPV (Net Present Value), IRR (Internal Rate of Return), and PI (Profitability Index), which all consider the time value of money in their calculations.

What Capital Budgeting Technique Is NOT Considered to Be a Time-Value-Of-Money