A Project's Payback Period Is Determined to Be 4 Years

question 24

Multiple Choice

A project's payback period is determined to be 4 years.If it is later discovered that additional cash flows will be generated in years 5 and 6,then the project's payback period will:

• A) be reduced.
• B) be increased.
• C) be unchanged.
• D) change but the discount rate must be known to determine the nature of the change.

---

Definitions:

Outputs

Refers to the signals or data sent from a system to actuate or inform another system or component.

Thermocouple Temperature

A measure of temperature using a thermocouple, a type of temperature sensor made from two different metals joined at one end that generates a voltage proportional to temperature.

LED Display

A screen or panel comprised of light-emitting diodes, used for displaying information visually.

Logic

The foundation of reasoning and decision making in both computing and human thinking, involving principles of validity in arguments and operations.