In general, a manager using the payback method to decide between two projects would pick the project with the longer payback period.

Name: In general, a manager using the payback method to decide between two projects would pick the project with the longer payback period.
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Quizplus · Accepted Answer

This statement is false. In reality, a manager using the payback method would pick the project with the shorter payback period, as it would result in a quicker return on investment.

In General, a Manager Using the Payback Method to Decide