What Is the Decision Rule for the Payback Method of Investment

question 65

Multiple Choice

What is the decision rule for the payback method of investment appraisal?

• A)choose the project with the longest payback period.
• B)choose the project with the shortest payback period.
• C)choose the project where the payback period is longer than a hurdle period.
• D)below a maximum period, accept the project with the shortest payback period.

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Definitions:

Bacon's Rebellion

A 1676 revolt led by Nathaniel Bacon against the colonial government in Virginia, reflecting the social tensions between frontier settlers and the colonial elite.

Virginia Landowners

Individuals or entities that hold ownership rights over land in the state of Virginia, historically significant for their role in agricultural production, especially tobacco, and political leadership in early U.S. history.

Albemarle Region

A historical, culturally rich area in northeastern North Carolina, known for its early settlement and development during the colonial period.

Barbadian Influence

The cultural, political, and economic impact of Barbados and its people on other regions, particularly in the Caribbean and the Americas.