By allowing partial year values,the payback method is implying that cash flows occur evenly throughout the year.

Name: By allowing partial year values,the payback method is implying that cash flows occur evenly throughout the year.
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The payback method, by incorporating partial year values, assumes that cash flows are evenly distributed over the year, rather than occurring in lump sums at the year's end.

By Allowing Partial Year Values,the Payback Method Is Implying That