We use the payback technique because of the uncertainty associated with an investment project. By requiring a
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“We use the payback technique because of the uncertainty associated with an investment project. By requiring a fast payback, we reduce uncertainty.’’ Comment. pg6
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Related Book For 
Cost Accounting Concepts And Applications For Managerial Decision Making
ISBN: 9780070103108
2nd Edition
Authors: Ralph S. Polimeni, James A. Cashin, Frank J. Fabozzi, Arthur H. Adelberg
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