The Payback Method Is Often More Useful Than the Net

question 29

True/False

The payback method is often more useful than the net present value method for evaluating systems projects because the effective lives of information system tend to be short and shorter payback projects are often desirable.

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Definitions:

High Versus Low

A comparative context often used to differentiate between two extremes, such as temperature, pressure, elevation, or density.

Total Amount

The complete quantity or sum of all the parts or elements present in a given content or composition.

Growth Time

The period required for an organism, cell, or organ to grow to its full size or for a population to double.

Temperature

A measure of the average kinetic energy of the particles in a system, which determines how hot or cold the system is.