Question
Although conceptually unhealthy, payback periods are very popular in business as a criterion for setting priorities on investment projects. Why is it unhealthy, and why
Although conceptually unhealthy, payback periods are very popular in business as a criterion for setting priorities on investment projects. Why is it unhealthy, and why is it popular?
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ANSWER Explanation iThe payback period is favoured when a company is under liquidity constraints bec...
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Information Technology Control and Audit
Authors: Sandra Senft, Frederick Gallegos
3rd Edition
9781439838600, 1420065505, 1439838607, 978-1420065503
