How does the time value of money have an effect on the role of an accountant?

Discuss the similarities and difference between net present value, payback method, internal rate of return, and average accounting rate of return.
August 29, 2019
Big data analytics.
August 29, 2019

How does the time value of money have an effect on the role of an accountant?

Question Description

Time Value of Money

How does the time value of money have an effect on the role of an accountant? What are the key items that an accountant must understand around present and future value concepts, annuities, and compound interest?

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