The Length of Time Required to Recover the Initial Cash

question 8

Multiple Choice

The length of time required to recover the initial cash outlay for a project is determined by using the

• A)discounted cash flow method.
• B)the payback method.
• C)the net present value method.
• D)the simple rate of return methoD.

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Definitions:

Judgment

The capacity to reach thoughtful decisions or arrive at logical conclusions.

Autonomy

The right or condition of self-government, in personal decision-making, implying the capacity to make an informed, uncoerced decision.

Utilitarianism

A theory in ethics that prescribes actions that maximize happiness and well-being for the majority of a population.

Responsibility

The duty or obligation to perform or complete a task, often with the implication of accountability for the outcome.