Since the Payback Period Can Be Viewed as a Measure

question 52

True/False

Since the payback period can be viewed as a measure of risk exposure, many firms use it as a supplement to other decision techniques.

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Definitions:

Deviance

Deviance refers to behaviors, thoughts, or actions that fall outside of social norms and are typically subject to negative sanction.

Distress

Emotional suffering or pain caused by stress, adversity, or other negative experiences.

Dysfunction

An impairment or abnormality in the functioning of a system or organ.

Danger

The possibility of suffering harm or injury; a situation or action that can lead to a harmful or hazardous outcome.