The Advantages of the Payback Approach Include All of the Following

question 96

Multiple Choice

The advantages of the payback approach include all of the following except:

• A)it is easy to compute
• B)it considers a project's liquidity
• C)it considers cash flows, not net income
• D)it provides an objective measure of profitability

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Definitions:

1707

The year marking the unification of the Kingdoms of England and Scotland into the Kingdom of Great Britain, as ratified by the Acts of Union.

Political Parties

Organized groups of people with similar political aims and opinions, seeking to influence public policy by getting their candidates elected to public office.

Edmund Burke

An Irish statesman, author, orator, political theorist, and philosopher, known for his support of the American Revolution and as a founder of conservative political theory.

King George III

Monarch of Great Britain and Ireland from 1760 until 1820, whose reign included the American Revolution and the early stages of the Napoleonic Wars.