The accrual accounting rate-of-return method is similar to the internal rate-of-return method because both methods calculate a rate-of-return percentage.

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Quizplus · Accepted Answer

The statement is true. Both the accrual accounting rate-of-return method and the internal rate-of-return method calculate a rate-of-return percentage. However, the methods differ in terms of their calculation and the information used in the calculation.

The Accrual Accounting Rate-Of-Return Method Is Similar to the Internal