Which of These Is Not Generally Regarded as an Advantage

question 58

Multiple Choice

Which of these is not generally regarded as an advantage of the payback method?

• A) It emphasises early cash flows which have greater certainty.
• B) It emphasises liquidity.
• C) It avoids having to take into account the time value of money.
• D) It minimises having to forecast too far into the future.

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Definitions:

Continuous Reinforcement

A schedule of reinforcement in which every correct response is followed by a reward, leading to faster learning but quicker extinction than partial reinforcement.

Intermittent Reinforcement

A conditioning schedule in which a response is reinforced only some of the time, leading to more resilient behavior than continuous reinforcement.

Incentive

A factor, often external, that motivates or encourages an individual to act in a certain way.

Goal Object

The target or endpoint of an individual's efforts or ambitions.