Which of the Following Is a True Statement About the Use

question 32

Multiple Choice

Which of the following is a true statement about the use of the payback period technique in capital budgeting?

• A) It is simple to use and understand.
• B) It considers the time value of money.
• C) It is not possible to appraise risk with this technique.
• D) It is mainly used to measure profitability of a project.

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Definitions:

Affiliation

The need or desire of individuals to connect, belong, or be associated with groups or other people.

Power

The ability to influence or control the behavior of people or the course of events.

Stronger Your Needs

Intensifying the personal requirements or drives that motivate individuals to act in certain ways.

Less Motivated

Describes a decreased level of drive or interest in performing tasks or pursuing goals, compared to a higher level of motivation.