Which of the Following Is Not True About a Parameter

question 50

Multiple Choice

Which of the following is not true about a parameter query?

• A)It reduces development time.
• B)It can be run repeatedly.
• C)The criterion parameters are fixed.
• D)The criterion can vary each time it is run.

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Definitions:

Payback Period

The payback period is the length of time required to recover the cost of an investment.

Satisfactory Return

A level of profit or return on investment that meets or exceeds the expectations or benchmarks of an investor or manager.

Capital Budgeting

The process a business undertakes to evaluate potential major projects or investments.

Payback Period

The amount of time it takes for an investment to generate enough cash flow to recoup its original cost.