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skully skully
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6 years ago
Which of the following is not true about the discounted payback method?
A) Incorporates the time value of money.
B) Does not incorporate the time value of money.
C) Cash flows beyond the discounted payback period are ignored.
D) A bias toward projects with high short-run cash flows occur.
E) Companies value it because they believe long-run cash flows are unpredictable in high-growth industries.
Textbook 
Managerial Accounting: Decision Making and Motivating Performance

Managerial Accounting: Decision Making and Motivating Performance


Edition: 1st
Authors:
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Managerial Accounting: Decision Making and Motivating Performance
University of Pittsburgh
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lordingtonlordington
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6 years ago
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skully Author
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6 years ago
Thank you ever so much for this generous answer.
Managerial Accounting: Decision Making and Motivating Performance
University of Pittsburgh
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3 years ago
thank you
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