Which of the following is an advantage of the accounting rate of return?

Question

Quizplus · Accepted Answer

The advantage of the accounting rate of return is that it relies on accounting records, which are readily available and do not require the determination of the time value of money or the inclusion of depreciation in the calculation. Option A is incorrect because determining the time value of money can be challenging. Option C is incorrect because depreciation is included in the calculation, which can distort the result. Option D is incorrect because there is at least one correct answer.

Which of the Following Is an Advantage of the Accounting