The "Payback Method" Has the Following Advantages

question 61

Multiple Choice

The "payback method" has the following advantages:

• A) easy to understand,emphasis on liquidity,considers all cash flows.
• B) easy to understand,emphasis on liquidity,quick view of investment risk.
• C) easy to understand,uses the time value of money concept,quick view of investment risk.
• D) accepts all projects that may add value to the firm,emphasis on liquidity,quick view of investment risk.

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Definitions:

Information Rights

Legal rights to access and obtain certain information, which could pertain to government data, workplace policies, or consumer products.

Decision-making Authority

The power or right vested in a particular position or role within an organization to make decisions affecting its operations or directions.

European Union

A political and economic union of 27 European countries that are located primarily in Europe, aimed at facilitating free movement of goods, services, and people.

Executive Body

A group or committee with the authority to make decisions and govern within an organization, institution, or government.