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The procedure that eliminates differential order effects is:
Capital Rationing
The process of selecting the most profitable projects to invest in when a company has a limited amount of capital.
Capital Outlay
Expenditures for acquiring fixed assets or adding to the value of an existing fixed asset with a useful life extending beyond the taxable year.
Cash Inflows
The total amount of money coming into a company from its operational, investing, and financial activities over a period.
Payback Period
The duration needed to recover the cost of an investment or project, typically expressed in years or months.
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