Which of the following statements is CORRECT?

A$.$

The payback method recognizes all cash flows over a project$$s life.

B$.$

The payback method adjusts project cash flows to account for the time value of money.

C$.$

The regular payback is useful as an indicator of a project$$s liquidity because it gives managers an idea of how long it will take to recover the funds invested in a project.

D$.$

The longer a project$$s payback period, the more desirable the project is normally considered to be by this criterion.

E$.$

none of the above is correct.