Use the Table for the Question(s)below

question 5

Multiple Choice

Use the table for the question(s) below.
Consider the following two projects with cash flows in $:
-The payback period for project A is closest to:

• A)2.0 years.
• B)2.4 years.
• C)2.5 years.
• D)2.2 years.

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Definitions:

Order-In-Council

A formal decision made by the executive branch of government, often requiring approval from the head of state or their representatives.

Administrative Bodies

Organizations or agencies created by the government to implement laws, regulations, and public policies.

Natural Justice

Procedural fairness in decision-making.

Business Operations

The ongoing, routine activities involved in the running of a business for the purpose of producing value for the stakeholders.