Companies may vary the required payback in order to reflect different levels of project risk.

Name: Companies may vary the required payback in order to reflect different levels of project risk.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Companies may require a shorter payback period for projects with higher levels of risk in order to quickly recoup their investment and mitigate potential losses. Conversely, they may allow for a longer payback period for projects that are perceived to be less risky.

Companies May Vary the Required Payback in Order to Reflect