A major criticism of the payback method is that it focuses only on time to recover the investment, and ignores profitability.

Name: A major criticism of the payback method is that it focuses only on time to recover the investment, and ignores profitability.
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Question

Quizplus · Accepted Answer

The payback method only considers the time it takes to recover the initial investment and does not take into account the profitability of the project over its entire life cycle. Thus, it is criticized for ignoring profitability.

A Major Criticism of the Payback Method Is That It