Which One of the Following Statements Is Correct

question 39

Multiple Choice

Which one of the following statements is correct?

• A)A longer payback period is preferred over a shorter payback period.
• B)The payback rule states that you should accept a project if the payback period is less than one year.
• C)The payback period ignores the time value of money.
• D)The payback rule is biased in favor of long-term projects.
• E)The payback period considers the timing and amount of all of a project's cash flows.

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Definitions:

Democrats

A political party in the United States that generally emphasizes progressive policies, social equality, and a stronger role for the federal government in providing social programs.

Southern Republicans

Members or supporters of the Republican Party in the southern United States, especially significant in the context of post-Civil War political alignment and reconstruction efforts.

Economic Development

The process by which the economic well-being and quality of life of a nation, region, or local community are improved, typically through efforts that entail job creation, infrastructure improvements, and poverty alleviation.

Congressional Reconstruction

A period following the American Civil War where the U.S. Congress implemented and oversaw the reconstruction of the Southern states.