Use the Following Statements to Answer This Question

question 22

Multiple Choice

Use the following statements to answer this question:
I.The payback period is always longer than the discounted payback period.
II.Both the discounted payback and payback period ignore cash flows beyond the cut-off period.

• A)I and II are correct.
• B)I and II are incorrect.
• C)I is correct and II is incorrect.
• D)I is incorrect and II is correct.

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Definitions:

64-bits

Refers to the width of the computer architecture or operating system that allows it to process data in 64-bit chunks, enabling access to more memory.

Java Statement

An instruction that the Java interpreter can execute, such as a variable declaration or a method call.

Main Memory

The primary volatile memory in a computer where programs and data currently in use are stored.

Constant Variable

A variable whose value is set once and cannot be changed throughout the life of a program, typically declared with a "const" modifier.