Question $1($Mandatory$)(0\mathrm{.}4$ points$)$

All of the following are weaknesses of the payback period EXCEPT

Question $1$ options:

$1)$ a disregard for cash flows after the payback period.

$2)$ it uses cash flows, not accounting profits.

$3)$ only an implicit consideration of the timing of cash flows

$4)$ the difficulty of specifying the appropriate payback period