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11. The retained earning entry in a balance sheet is cumulative retained earning True False 2. One draw back for payback period is that a.

11. The retained earning entry in a balance sheet is cumulative retained earning

True

False

2. One draw back for payback period is that

a.

future cash flow is not counted
b.

future cash flow beyond the payback period is not counted
c.

the present value of future cash flow is ignored
d.

both a and c

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