Lovely posted an Question
June 24, 2020 • 17:54 pm 50 points
  • UGC NET
  • Management

What is probability index in accounting

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  • Anonymous User Best Answer

    Profitability index (PI), also known as profit investment ratio (PIR) and value investment ratio (VIR), is the ratio of payoff to investment of a proposed project. It is a useful tool for ranking projects because it allows you to quantify the amount of value created per unit of investment

  • Anonymous User best-answer

    dear lovely .. there is no any probability index in accounting as far as I know but there is profitability index

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