Solved

A Drawback in Using the Payback Approach to Capital Budgeting

Question 49

Multiple Choice

A drawback in using the payback approach to capital budgeting decisions is


A) it doesn't account for the time value of money.
B) it ignores cash flows beyond the payback period.
C) it doesn't adjust for differences in the stream of cash flows.
D) All of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions