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Which of the following is a disadvantage of the payback technique? A) It is difficult to calculate. B) It relies on the time value of
Which of the following is a disadvantage of the payback technique?
| A) | It is difficult to calculate. |
| B) | It relies on the time value of money. |
| C) | It can only be calculated when there are equal annual net cash flows. |
| D) | It ignores the expected profitability of a project. |
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Managerial Accounting
Authors: Peter C. Garrison, Ray H., Noreen, Eric W., Brewer
12th Edition
0071274227, 978-0071274227
