A Project's Payback Period Is Determined to Be Four Years

question 12

Multiple Choice

A Project's payback period is determined to be four years.If it is later discovered that additional cash flows will be generated in years five and six, then:

• A)the Project's payback period will be reduced.
• B)the Project's payback period will be increased.
• C)the Project's payback period will be unchanged.
• D)the discount rate must be known to determine whether the payback period changes.

---

Definitions:

Motor Skills

Abilities required to execute physical actions, which include both fine motor skills (small movements, like holding a pencil) and gross motor skills (larger movements, like walking).

Finger Movements

The motions or actions executed by the fingers, often requiring fine motor skills.

Screen Time

The amount of time spent using devices with screens such as smartphones, computers, televisions, and tablets, often of concern in discussions of mental and physical health.

Intellectual Growth

The development and maturation of cognitive abilities and functions such as thinking, problem-solving, and decision-making.