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

Question

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, but they differ in the way they calculate it.

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