Paragraph Styles 13. Some businesses adopt the payback period for making capital budgeting decisions However, many say that it has drawbacks. Which of these is not a drawback of using the payback period method? a. Risk is ignored. b. It is a simple calculation. c. The time value of money is not taken into account. d. Cash flows beyond the cut-off point are not applicable. e. b and d. Justification: 10 of 12