Which of the Following Best Explains the Continuing Popularity of the Payback

question 102

Multiple Choice

Which of the following best explains the continuing popularity of the payback method?

• A) Mathematical simplicity and some insight into the riskiness of cash flows.
• B) Uses all cash flows and takes into account the time value of money.
• C) Reliably selects the projects that add most value to the firm.
• D) It provides objective selection criteria and is taught as the primary method in most business schools.

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Definitions:

Digital Immigrant

An individual who adopts and learns digital technologies later in life, as opposed to growing up with them.

Luddite

Identifies individuals or groups who oppose or are skeptical of technological advancement and innovation, historically originating from early 19th-century English workers who destroyed machinery they believed threatened their jobs.

Digital Native

A term for individuals who have been exposed to digital technology from a young age, leading to a greater comfort and understanding of digital environments.

Flash Mob

A planned gathering of large numbers of people for a brief and predetermined period of time.