Which of the Following Statements Is False

question 66

Multiple Choice

Which of the following statements is false?

• A) The payback rule is useful in cases where the cost of making an incorrect decision might not be large enough to justify the time required for calculating the NPV.
• B) The payback rule is reliable because it considers the time value of money and depends on the cost of capital.
• C) For most investment opportunities expenses occur initially and cash is received later.
• D) Fifty percent of firms surveyed reported using the payback rule for making decisions.

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Definitions:

Simplifying Jobs

The act of making occupational tasks less complex, increasing efficiency and reducing the likelihood of errors.

Information-processing Requirements

The cognitive and mental demands placed on individuals to receive, process, store, and retrieve information.

Occupational Safety

refers to practices and policies in place to ensure the health and safety of employees in the workplace.

Ergonomic Job Design

The creation of work tasks, environments, and equipment to fit employee needs, aiming to increase efficiency and reduce discomfort or injury.