____ period is the amount of time it will take to recoup-in the form of net cash inflows-the total dollars invested in a project.
A) Return
B) Payback
C) Accrual
D) Residual

Question

Quizplus · Accepted Answer

Payback period is the time period required to recover the initial investment through net cash inflows. It indicates the time needed to break even on the investment, and it is a widely used capital budgeting technique for evaluating the profitability of projects.

____ Period Is the Amount of Time It Will Take