The Advantages of the Payback Approach Include All of the Following

question 59

Multiple Choice

The advantages of the payback approach include all of the following EXCEPT it ____.

• A) is easy to compute
• B) considers a project's liquidity
• C) considers cash flows, not net income
• D) provides an objective measure of profitability

---

Definitions:

Grazing Livestock

The practice of keeping domesticated animals such as cattle, sheep, and goats, allowing them to feed on grass and other pasture vegetations.

Tropical Cyclones

Powerful storm systems characterized by a low-pressure center, strong winds, and heavy rain, forming over warm tropical oceans.

Hurricane

A tropical cyclone with wind speeds of 74 miles per hour or greater that occurs especially in the western Atlantic, affecting coastal areas with heavy rain and destructive winds.