If a project's payback period is greater than the maximum acceptable payback period, we would reject it.

Name: If a project's payback period is greater than the maximum acceptable payback period, we would reject it.
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Quizplus · Accepted Answer

This is correct. If a project's payback period is longer than the maximum acceptable payback period set by the company, it means that the project would take too long to recoup its initial investment, thus making it not worth pursuing. Therefore, the project would be rejected.

If a Project's Payback Period Is Greater Than the Maximum