True/False
A major criticism of the payback method is that it focuses only on time to recover the investment, and ignores profitability.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: The accounting rate of return method evaluates
Q5: Software Hub is deciding whether to purchase
Q6: Arriyana has just received an inheritance of
Q7: The following details are provided by a
Q9: The payback method and the accounting rate
Q10: The accounting rate of return method focuses
Q12: Lara is going to receive $10,000 a
Q13: Paramount Company is considering purchasing new equipment
Q49: Capital rationing is a process adopted when
Q73: Which capital budgeting method uses accrual accounting,rather