A project must be rejected if its payback period is less than the maximum acceptable payback period.

Name: A project must be rejected if its payback period is less than the maximum acceptable payback period.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A project must be accepted if its payback period is less than the maximum acceptable payback period. Rejecting a project because its payback period is less than the maximum acceptable payback period could result in missing out on profitable opportunities.

A Project Must Be Rejected If Its Payback Period Is