For capital budgeting decisions, the use of the accrual accounting rate of return for evaluating performance is often a stumbling block to the implementation of the

ACCOUNTING

Multiple Choice

For capital budgeting decisions, the use of the accrual accounting rate of return for evaluating performance is often a stumbling block to the implementation of the

a. net cash flow.

b. most effective goal-congruence choice.

c. discounted cash flow method for capital budgeting.

d. most effective tax strategy.

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