The payback method has three recognized deficiencies regarding its use as a decision method in addition to not being a measure of a project's profitability. Which one of the following is not a deficiency of the payback method? The payback inethod does not account for cash flows occurring after the payback poriod. Does not take into account the time value of money. The paybuck method does not account for investment cash flows at time zero. There is no objective criterion for an acceptable payback period