Author Question: Which of the following is a disadvantage of payback period approach? A) It does not examine the ... (Read 73 times)

robinn137 · **on:** Jul 10, 2018

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