The Payback Period Is Defined as the Amount of Time

question 39

Multiple Choice

The payback period is defined as the amount of time, in years, that it takes

• A)the company to provide a required return on the capital asset.
• B)for an investment to return the original amount of the capital plus the required rate of return.
• C)the company to earn enough profit generated from the capital asset to cover its cost.
• D)for an investment to return the original amount of invested capital.

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Definitions:

Milieu Therapy

A form of group therapy that involves creating a therapeutic community among patients, where the social environment is used as a mechanism for change.

Desired Manner

The preferred or intended way of conducting oneself or accomplishing something.

Token Economy Programs

A form of behavior modification that uses tokens as a form of positive reinforcement for desired behaviors, which can be exchanged for rewards.

Legal

Pertaining to the law or the system of rules that are enforced through social or governmental institutions to regulate behavior.