Reference Entry

expected monetary value

Jonathan Law

in A Dictionary of Accounting

Fifth edition

Published in print July 2016 | ISBN: 9780198743514
Published online November 2016 | e-ISBN: 9780191803147
expected monetary value

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In decision making, the sum of the products of the outcomes in monetary terms and the probabilities of these outcomes

Reference Entry.  124 words. 

Subjects: Accounting

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