Which Method(s)of Project Analysis Is(are)best Suited for Use by a Department

Multiple Choice

Which method(s) of project analysis is(are) best suited for use by a department manager who has no knowledge of time value of money but can estimate the cash flows of small projects with short lives fairly accurately?

A) Payback
B) Discounted payback
C) Profitability index
D) Net present value
E) Either payback or profitability index