The "Payback Method" Has the Following Advantages

question 61

Multiple Choice

The "payback method" has the following advantages:

• A) easy to understand,emphasis on liquidity,considers all cash flows.
• B) easy to understand,emphasis on liquidity,quick view of investment risk.
• C) easy to understand,uses the time value of money concept,quick view of investment risk.
• D) accepts all projects that may add value to the firm,emphasis on liquidity,quick view of investment risk.

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Definitions:

Competition Tribunal

A specialized court or tribunal that adjudicates matters pertaining to competition law, including antitrust and monopoly issues.

Competition Act

Legislation designed to promote fair business practices and protect consumers by preventing monopolies and promoting competition.

Bid-rigging

A form of fraud in which competitors agree in advance who will win a bidding process, thus undermining the competition.

Misleading Advertising

Advertising that deceives or is likely to deceive the consumer, often leading to an incorrect understanding or decision.