The payback method is most appropriate for projects whose cash flows do not extend far into the future.

Name: The payback method is most appropriate for projects whose cash flows do not extend far into the future.
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Quizplus · Accepted Answer

The payback method measures the time it takes to recover the initial investment and is most appropriate for projects with short-term cash flows. For long-term projects, other methods such as net present value (NPV) and internal rate of return (IRR) are more appropriate.

The Payback Method Is Most Appropriate for Projects Whose Cash