Advantages of the Payback Period Include That It Is Easy

question 63

True/False

Advantages of the payback period include that it is easy to calculate,easy to understand,and that it is based on cash flows rather than on accounting profits.

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Definitions:

Project

A planned set of interrelated tasks to be executed over a fixed period and within certain cost and other limitations.

Arbitration Clause

A provision in a contract that requires disputes to be settled by arbitration rather than in court.

Employment Agreement

A legally binding contract outlining the terms and conditions of employment between an employer and employee.

Non-Discrimination Clause

is a provision in a contract or legislation requiring parties to treat all persons equally and to not discriminate on various grounds, including race, gender, religion, or nationality.