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QUESTION
In capital budgeting, the accounting rate of return (arr) decision model: considers the time value of money. ignores cash outflows after the initial investment. incorporates the timing of cash flows.
In capital budgeting, the accounting rate of return (arr) decision model: considers the time value of money. ignores cash outflows after the initial investment. incorporates the timing of cash flows. ignores accounting income generated after the break-even point. does not provide an unambiguous decision criterion regarding the acceptance of capital investment projects
