The Payback Period Is the Length of Time It Takes

question 98

True/False

The payback period is the length of time it takes for an investment to recoup its initial cost out of the cash receipts it generates.

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Definitions:

Acronym

An abbreviation formed from the initial letters of other words and pronounced as a word.

Negative Affect

A dimension of emotional experience characterized by feelings of dissatisfaction and distress.

Neuroticism

A personality trait characterized by sadness, moodiness, and emotional instability.

High in Self-monitoring

Describes individuals who are highly attentive and responsive to social cues and adjust their behavior accordingly.