If the project's payback period is greater than or equal to zero,the project should always be accepted.

Name: If the project's payback period is greater than or equal to zero,the project should always be accepted.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The payback period measures how long it takes to recover the initial investment, but it does not account for the time value of money, risk, or profitability beyond the payback period. A project with a payback period greater than or equal to zero is not necessarily a good investment.

If the Project's Payback Period Is Greater Than or Equal