Which of the following are disadvantages of the payback period decision rule?
I. fails to account for the riskiness of the cash flows
II. ignores cash flows beyond the cutoff date
III. ignores the time value of money
IV. gives no indication of how much value is being created by the project
V. simple to communicate to many different people
A. I and IV only
B. II and IV only
C. II, III, and V only
D. I, II, III, and IV only
E. I, II, III, IV, and V