One Advantage of the Payback Period Method of Evaluating Fixed

question 48

True/False

One advantage of the payback period method of evaluating fixed asset investment possibilities is that it provides a rough measure of a project's liquidity and risk.

---

Definitions:

Tests

A subset of assessment techniques that yields scores based on the gathering of collected data.

Ethical Codes

Formal documents containing guidelines designed to help professionals conduct their business with integrity and according to certain moral standards.

Testing Standards

The guidelines and criteria used to ensure tests are fair, valid, and reliable.

Standardized Tests

Assessments administered and scored in a consistent, or "standard," manner, used widely in education and psychology.