Which of the Following Is a Benefit of Using the Payback

question 10

Multiple Choice

Which of the following is a benefit of using the payback method?

• A)It considers the time value of money.
• B)It considers the cash inflows after the initial cash outflows are recovered.
• C)It measures profitability.
• D)It determines how long it will take to recover the initial investment.
• E)None of the answer choices is correct.

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Definitions:

Installation

The process of setting up software, a device, or system so it is ready for use by copying and configuring the necessary files and settings.

Activation

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The process of enrolling or signing up for services, events, websites, or software, often requiring user information and agreement to terms.

Upgrading

Upgrading involves updating or enhancing a system or software version to add features or improve performance.