Examlex
According to your text, which of the following is NOT one of the roles the assessment process plays?
Average Book Value
The mean value of a company's assets or investments, as recorded on its financial statements over a specific period of time.
Average Net Income
The mean amount of net earnings calculated over a specified period, indicating the profitability of a business after all expenses have been subtracted from revenues.
Accounting Return
A measure of profitability in relation to various accounting measures, such as net income or assets.
Average Accounting Return (AAR)
An investment’s average net income divided by its average book value.
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