Use the Following Statements to Answer This Question

question 22

Multiple Choice

Use the following statements to answer this question:
I.The payback period is always longer than the discounted payback period.
II.Both the discounted payback and payback period ignore cash flows beyond the cut-off period.

• A)I and II are correct.
• B)I and II are incorrect.
• C)I is correct and II is incorrect.
• D)I is incorrect and II is correct.

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Definitions:

Deficits

Deficits refer to the amount by which something, especially a sum of money, is too small.

Fluent

Describes the ability to express oneself easily and articulately, often used in the context of speaking or writing a language.

Second Language

The language learned by an individual after acquiring their first language, also known as a foreign language in non-native settings.

Age

Age refers to the length of time that an individual has lived or a thing has existed, often used as a measure of maturity, development, or life phases.