Which of the Following Statements Regarding the Discounted Payback Period

question 47

Multiple Choice

Which of the following statements regarding the discounted payback period rule is true?

• A) The discounted payback rule uses the time value of money concept.
• B) The discounted payback rule is better than the NPV rule.
• C) The discounted payback rule considers all cash flows.
• D) The discounted payback rule exhibits the value additive property.

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Definitions:

Breach Of Contract

The failure to perform as specified in a contract, without lawful excuse, by one or more of the parties involved.

Withdrawing Offer

The action of retracting a proposal or bid before it is accepted, rendering it void.

Promissory Estoppel

A legal principle preventing a party from withdrawing a promise that another party has reasonably and substantially relied on to their detriment.

Consensus

General agreement or harmony among a group of people or the collective judgment, position, and opinion of a group.