The Payback Period for a Project,requiring an Initial Outlay of $10,000

question 47

Multiple Choice

The payback period for a project,requiring an initial outlay of $10,000 and producing ten uniform annual cash inflows of $1,500,is

• A)six years.
• B)six years and eight months.
• C)six years and six months.
• D)seven years.

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Definitions:

Transactions

In computing and database management, a transaction is a sequence of information exchange and work done in database systems that are treated as a single unit of work; it must either complete entirely or not at all.

MIS

Short for Management Information Systems, these are computerized databases of financial information organized and programmed in such a way that they produce regular reports on operations for every level of management in a company.

Data Mart

Small slices of a data warehouse grouped together and separated from the main body of data in the data warehouse so that related sets of data can be analyzed.

Enterprise

A term often used to describe large organizations, companies, or business ventures with complex structures and operations.