Which One of the Following Statements Is Correct

question 39

Multiple Choice

Which one of the following statements is correct?

• A)A longer payback period is preferred over a shorter payback period.
• B)The payback rule states that you should accept a project if the payback period is less than one year.
• C)The payback period ignores the time value of money.
• D)The payback rule is biased in favor of long-term projects.
• E)The payback period considers the timing and amount of all of a project's cash flows.

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Definitions:

Job Descriptions

Formal documents that outline the duties, responsibilities, required qualifications, and reporting relationships of a particular job.

Superordinate Powers

Refers to superior authority or power, often in the context of a hierarchical structure where certain entities have overarching control over others.

Interpersonal Commitment

A psychological and emotional agreement between individuals to support and be loyal to one another.

Individualists

People who prioritize personal goals and independence over group objectives, often valuing individual freedom and self-expression.