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Which of the Following Is a True Statement About the Use

Question 32

Multiple Choice

Which of the following is a true statement about the use of the payback period technique in capital budgeting?


A) It is simple to use and understand.
B) It considers the time value of money.
C) It is not possible to appraise risk with this technique.
D) It is mainly used to measure profitability of a project.

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