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  • The accounting rate of return is measured as follows: #111
  • Which of the following is not an advantage of the accounting rate of return method of investment appraisal? #112
  • The difference between an investment’s market value and its cost is the: #113
  • A project is acceptable when the net present value: #114
  • The internal rate of return for a project will increase if. #115
  • The present value of an investment’s future cash flows divided by the initial cost of the investment is called the: #116
  • According to the IASB Framework, the main purpose of financial reporting is to: #117
  • In cases where capital must be rationed, a firm should rank projects according to their: #118
  • The three important sources of long-term finance are: #119
  • Ordinary shares in limited companies have: #120
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