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All of the following are disadvantages of the Payback Period, except: Multiple Choice Cash flows that extend beyond the cutoff date are not considered. All
All of the following are disadvantages of the Payback Period, except:
Multiple Choice
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Cash flows that extend beyond the cutoff date are not considered.
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All projects are considered based upon cash flows alone.
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The method ignores the time value of money.
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The company must select a specified number of years to compare projects.
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The method incorporates the time value of money.
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