What is a weakness of the cash payback approach
Question:
What is a weakness of the cash payback approach?
(a) It uses accrual-based accounting numbers.
(b) It ignores the time value of money.
(c) It is complicated to compute.
(d) It cannot be used if a project has uneven net annual cash flows.
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What is a weakness of the cash payback approach? It uses accrual-based accounting numbers.
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