The Payback Method Has All of the Following Advantages EXCEPT

question 97

Multiple Choice

The payback method has all of the following advantages EXCEPT:

• A)It considers the time value of money
• B)It determines a firm's financial exposure
• C)It is easy to calculate
• D)It determines if the project under consideration will be able to replace the start-up costs.

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Definitions:

Team Goals

Objectives or outcomes that a group collectively aims to achieve, usually within a set timeframe, as a part of collaborative efforts.

Bolster Employee Morale

The act of strengthening the confidence, enthusiasm, and discipline of employees in a workplace setting.

CitiMortgage

A financial services division of Citigroup, specializing in mortgage lending and servicing for homeowners across the United States.

Group Size

The number of individuals forming a social or work group, affecting dynamics and outcomes.