The Payback Period Technique Shows the Number of Years It

question 31

True/False

The payback period technique shows the number of years it will take to recover the cash outlay of an investment.

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Definitions:

IP Address

Internet Protocol Address, a numeric label assigned to each device connected to a computer network that uses the Internet Protocol for communication.

SaaS

Stands for Software as a Service, a cloud computing offering that provides users with access to a vendor's cloud-based software.

E-Mail Hosting

A service that provides and manages email servers, allowing individuals and organizations to have customized email addresses.

Business Agreement

A formal arrangement between two or more parties outlining the terms and conditions for a specific business deal or partnership.