A Disadvantage of the Cash Payback Technique Is That It

question 153

Multiple Choice

A disadvantage of the cash payback technique is that it

• A) ignores obsolescence factors.
• B) ignores the cost of an investment.
• C) is complicated to use.
• D) ignores the time value of money.

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Definitions:

Hierarchy of Needs

A theory proposed by Abraham Maslow suggesting that people are motivated by increasingly complex needs starting from basic physical necessities up to self-actualization.

Innate Need

A fundamental psychological or physiological requirement that is inherent and essential for the well-being and survival of an individual.

Incongruence

The disparity between one’s self-concept and one’s actual experience.

Observational Distress

Emotional suffering caused by witnessing the distress of others, often leading to empathetic or sympathetic feelings of discomfort.