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The payback method fails to consider
1) the timing of the cash inflow from an investment
2) the cost of an investment
3) the return on alternative investments
NCDA Guidelines
Professional standards and ethical guidelines established by the National Career Development Association for practitioners in the field of career development.
Moral Behavior
Actions that are conducted according to an individual's ethical beliefs and values, often considered right and good in the societal or cultural context.
Ethical Codes
Established principles and standards of conduct that guide the behavior of professionals, including those in career counseling.
Accreditation Audit
A comprehensive review process that assesses the quality and standards of educational institutions or programs to ensure they meet established criteria.
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