Use the Information for the Question(s)below

question 69

Multiple Choice

Use the information for the question(s) below.
-If WiseGuy Inc. uses payback period rule to choose projects, which of the projects (Project A or Project B) will rank highest?

• A)Project A
• B)Project B
• C)Project A and Project B have the same ranking.
• D)Cannot calculate a payback period without a discount rate.

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Definitions:

Executive Branch

The branch of government responsible for implementing and enforcing laws, typically headed by a president or prime minister.

Legislative Branch

The branch of government responsible for creating, amending, and repealing laws.

Judicial Branch

The branch of government responsible for interpreting the law and administering justice through courts and other judicial institutions.

Administrative Branch

That part of government responsible for the execution and enforcement of laws and policies, traditionally comprising departments and agencies.