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A manager who uses discounted cash flow methods to make capital budgeting decisions does not face goal-congruence issues if the accrual accounting rate of return is used for performance evaluation.
Project Management
The responsibility for overall planning, supervision, and control of projects.
Activities Required
The set of actions or tasks that must be performed in order to complete a specific objective or process.
On Time
The occurrence of an event or completion of a task exactly at the planned or scheduled time.
Within Budget
Pertains to expenditures or operations that do not exceed the allocated financial resources.
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