The "Gold Standard" of Investment Criteria Refers To

question 44

Multiple Choice

The "gold standard" of investment criteria refers to:

• A) net present value.
• B) internal rate of return.
• C) payback period.
• D)profitability index.

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Definitions:

Percentage Of Completion

An accounting method that recognizes revenues and expenses of long-term projects as a percentage of the work completed during the period.

Inventory

Goods or materials that a business holds for the ultimate goal of resale, including raw materials, work-in-progress, and finished goods.

Cost

The value of the financial resources expended to acquire or produce a product or service.

Selling Price

The amount of money for which a product or service is offered for sale to consumers.