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:

Used Shotgun

A pre-owned firearm designed to shoot a number of small diameter pellets, which has been previously owned or utilized by someone else.

Breach of Contract

Breaching any terms and conditions that were mutually agreed upon in a legally enforceable agreement.

Time Limit

A specific duration within which a task must be completed or a condition must be met.

UCC

An acronym for the Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States.