All of the following are weaknesses of the payback period EXCEPT Select one: a. only an implicit consideration of the timing of cash flows. b. the difficulty of specifying the appropriate payback period. c. a disregard for cash flows after the payback period.

Cornerstones of Cost Management (Cornerstones Series)
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Chapter19: Capital Investment
Section: Chapter Questions
Problem 20E
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All of the following are weaknesses of the payback period EXCEPT

Select one:
a.

only an implicit consideration of the timing of cash flows.

b.

the difficulty of specifying the appropriate payback period.

c.

a disregard for cash flows after the payback period.

d.

that it uses cash flows, not accounting projects.

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