Which of the Following Statements Is Incorrect

question 34

Multiple Choice

Which of the following statements is incorrect?

• A) Discounted cash flow techniques explicitly recognise the time value of money.
• B) Payback recognises the time value of money.
• C) Accounting rate of return recognises the time value of money.
• D) Payback recognises the time value of money AND accounting rate of return recognises the time value of money.

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Definitions:

Design a New Product

The process of creating a novel item or service that fulfills a specific consumer need or addresses a particular market niche.

Norming Stage

A stage in team development where members resolve conflicts, establish norms, and foster unity.

Cohesiveness

The degree to which members of a group or team are attracted to each other and motivated to stay in the group.

Team Leaders

Individuals who guide, direct, and lead teams towards achieving their goals and objectives, often responsible for fostering teamwork and resolving conflicts.