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.

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Definitions:

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Impairments in one or more of the senses, including vision, hearing, touch, taste, and smell, affecting a person's ability to process sensory information.

Macular Degeneration

A medical condition that results in blurred or no vision in the center of the visual field due to damage to the macula, part of the retina in the eye.

Diabetic Retinopathy

A diabetes complication that affects the eyes, caused by damage to the blood vessels of the light-sensitive tissue at the back of the eye (retina).

Cataracts

A medical condition where the lens of the eye becomes progressively opaque, resulting in blurred vision.