[Solved] Which of the following figures of merit does not directly take into consideration the time value of money? I.Payback period II.Internal rate of return III.Net present value (NPV) IV.Accounting rate of return A) IV only B) I & III only C) II & III only D) I & II only E) I & IV only F) I, II, III, and IV Res Ipsa Loquitur: A doctrine in tort law implying negligence inferred from the nature of an accident or injury, without direct proof. Direct Evidence: Information or testimony that directly proves a fact, without needing inference or assumptions. Communications Decency Act: A section of United States law primarily aimed at regulating pornography on the Internet, with broader implications for online speech and liability protections for Internet service providers. Interactive Computer Services: Online platforms or providers that enable the sharing and hosting of user-generated content, often protected under specific legal statutes.