Reference Entry

expected monetary value

in A Dictionary of Accounting

Fourth edition

Published in print January 2010 | ISBN: 9780199563050
Published online January 2010 | e-ISBN: 9780191726477
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.  123 words. 

Subjects: Accounting

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