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The Cash Payback Method Is Frequently Used as a Screening

question 9

True/False

The cash payback method is frequently used as a screening tool but it does NOT take into consideration the profitability of a project.


Definitions:

Households

Units consisting of one or more people who live in the same dwelling and share meals or living accommodation; may consist of a single family or some other grouping of people.

Statistical Categories

Classification schemes used in the collection and analysis of data to organize variables or attributes into groups.

Populations

Refers to all the inhabitants of a particular town, area, or country.

Sociologists

Social scientists who study human societies, their interactions, and the processes that preserve and change them.

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