Examlex
____________________ operations involve comparing one data item with another to determine whether the first item is greater than, equal to, or less than the other item.
Depreciation
The accounting method of allocating the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.
Time Value
A financial principle acknowledging that receiving money now is more advantageous than receiving the same amount in the future due to its earning potential.
Payback Method
A capital budgeting technique that calculates the time required to recoup the initial investment through cash inflows.
Accounting Rate
Often refers to the accounting rate of return (ARR), a financial ratio used to measure the profitability of an investment, calculated by dividing the average annual profit by the initial investment cost.
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