What is a weakness of the cash payback approach? (a) It uses accrual-based accounting numbers. (b) It
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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 ignores the useful life of alternative projects.
(d) Both (b) and (c) are true.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781118004234
1st Edition
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
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