Multiple Choice
In considering the payback period, ____.
A) the maximum period allowed by a firm is a specific time period based on objective criteria
B) it considers the time value of money in determining the maximum allowable time period
C) it gives some indication of a project's desirability from a liquidity viewpoint
D) it is based on cash flows both during and after the payback period
Correct Answer:

Verified
Correct Answer:
Verified
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