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Home Q & A Board Other Fields Homework Help Business Accounting
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shbensonjr shbensonjr
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A year ago
Which of the following is an advantage of the payback period?

▸ It is a simple technique.

▸ It provides a clear indicator of when the investment will be recovered.

▸ Since depreciation is not included in the calculation, the result is not distorted.

▸ Accounting records are generally not based on cash flow, so the information for the calculation is readily available.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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szsz
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A year ago
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This site is awesome
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