Which of the following is a disadvantage of payback period ...

[robinn137]

Which of the following is a disadvantage of payback period approach?
 
  A) It does not examine the size of the initial outlay.
  B) It does not use net profits as a measure of return.
  C) It does not explicitly consider the time value of money.
  D) It does not take into account an unconventional cash flow pattern.

Question 2

The board of directors is responsible for managing day-to-day operations and carrying out the policies established by the chief executive officer.
 
  Indicate whether the statement is true or false

[reelove4eva]

Answer to Question 1

C

Answer to Question 2

FALSE

[robinn137]

YES! Correct, THANKS for helping me on my review

[jomama]

Thanks for the timely response, appreciate it