The main advantage of the payback rule is:
A)adjusts for uncertainty of early cash flows.
B)simple to use.
C)does not discount cash flows.
D)better accounts for salvage costs at the end of a project.

Question

Quizplus · Accepted Answer

The main advantage of the payback rule is its simplicity, making it easy to use and understand. It does not account for the time value of money, salvage costs, or uncertainty of early cash flows.

The Main Advantage of the Payback Rule Is