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ruskin ruskin
wrote...
Posts: 664
7 years ago
Projects with shorter paybacks always generate more cash flows.
 T/F?
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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wrote...
7 years ago
False
Explanation:  This false because payback ignores cash flows beyond the payback period.
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