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Which of the following is a limitation inherent in the payback method? It is difficult to compute and understand. It fails to consider the cash

Which of the following is a limitation inherent in the payback method?

It is difficult to compute and understand.

It fails to consider the cash flows over a project's entire useful life.

It does not consider the risk of a project.

It encourages investment in longterm projects to the detriment of considering shortterm opportunities

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