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For Most Projects, the Average Accounting Return (AAR) Should Be

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For most projects, the average accounting return (AAR) should be less than the IRR.


Definitions:

Achieving Perfection

The pursuit of flawlessness in various aspects of life, often considered an impossible or idealistic goal.

Religious Revivals

Periods of increased spiritual interest or renewal in the life of a church congregation or society, with a focus on evangelism and repentance.

Original Sin

A doctrine in Christianity that suggests all humans inherit a sinful nature due to the fall of Adam and Eve in the Garden of Eden.

Alexis de Tocqueville

A French social scientist known for his work "Democracy in America," which analyzes the democratic system and societal norms of the United States in the 19th century.

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