Question: intify the precautionary reasons for using payback as an initial screening method or supplemental tool rather than as a primary tool to select an alternative

intify the precautionary reasons for using payback as an initial screening method or supplemental tool rather than as a primary tool to select an alternative
There is no return of investment in the discounted payback method.
No-return payback neglects the time vatue of money.
Paybacks disregard all cash flows occurring after the payback period.
Cash flows increase the return on initial investment.
intify the precautionary reasons for using

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