All of the Following Are Criticisms of the Payback Period

question 153

Multiple Choice

All of the following are criticisms of the payback period criterion EXCEPT

• A)time value of money is not accounted for.
• B)cash flows occurring after the payback are ignored.
• C)it deals with accounting profits as opposed to cash flows.
• D)none of the above; they are all criticisms of the payback period criteria.

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Definitions:

Social Forces

The external social structures, institutions, and cultural norms that influence individuals' behavior, choices, and interactions within society.

Sociological Imagination

The ability to see the connection between personal experiences and larger social forces.

Cultural Practices

The habitual activities and norms that define a culture, including religious rituals, marriage ceremonies, and dietary habits.

Everyday Interactions

The mundane, routine social exchanges and activities that occur in daily life.