The Payback Period Concept Is Best Explained by Which of the Following

question 62

Multiple Choice

The payback period concept is best explained by which of the following?

• A) marginal cost of capital
• B) point where initial investment has been returned
• C) rate where NPV is equal to zero
• D) accounting rate of return

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Definitions:

Security Council

A principal organ of the United Nations charged with maintaining international peace and security, comprising 15 member states, including five permanent members with veto power.

Veto Power

The right to unilaterally stop or reject a decision or proposal made by a law-making body, often held by a president, monarch, or other head of state.

Potsdam Conference

A summit held in 1945 where the leaders of the United States, the United Kingdom, and the Soviet Union met to negotiate terms for the end of World War II.

Nikita Khrushchev

A Soviet statesman who led the Soviet Union during part of the Cold War as the first secretary of the Communist Party and as chairman of the Council of Ministers.