A Disadvantage of the Payback Statistic Is That

question 50

Multiple Choice

A disadvantage of the payback statistic is that:

• A)it does not reflect the time value of money.
• B)it does not give an indication of the project's riskiness.
• C)it does not consider cash flows beyond the payback period.
• D)All of these are disadvantages of payback.

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Definitions:

Experiential Therapies

Therapeutic approaches that emphasize the importance of experiencing emotions and thoughts in the present moment to facilitate healing.

Motivational Interviewing

A counseling approach designed to strengthen personal motivation for and commitment to a specific goal by eliciting and exploring the person's reasons for change.

Multicultural Therapy

A therapeutic approach that considers and respects the cultural backgrounds and diversity of clients.

Cognitive-Behavioral Therapy

A form of psychotherapy that treats problems and boosts happiness by modifying dysfunctional emotions, behaviors, and thoughts.