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  • Which of the following will not be a relevant factor when using the payback method of capital investment appraisal? #121
  • What are the two drawbacks associated with the payback period? #122
  • The accounting rate of return is measured as follows: #123
  • Which of the following is not an advantage of the accounting rate of return method of investment appraisal? #124
  • The difference between an investment’s market value and its cost is the: #125
  • A project is acceptable when the net present value: #126
  • The internal rate of return for a project will increase if. #127
  • The present value of an investment’s future cash flows divided by the initial cost of the investment is called the: #128
  • According to the IASB Framework, the main purpose of financial reporting is to: #129
  • In cases where capital must be rationed, a firm should rank projects according to their: #130
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