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Which One of the Following Is a Limitation of the Payback

Question 33

Multiple Choice

Which one of the following is a limitation of the payback technique of capital investment appraisal?


A) It is simple and easy to calculate.
B) Considers the time value of money.
C) It is based on accounting profits.
D) Fails to take into account the magnitude of net cash inflows after the initial investment cost has been recovered.

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