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The payback method discounts cash flows prior to the payback date. T/F?

ruskin

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Posts: 664

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7 years ago

The payback method discounts cash flows prior to the payback date. T/F?

The payback method discounts cash flows prior to the payback date.
T/F?

Textbook

Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition

Edition: 7^th

Authors: Horngren, Datar, Rajan, Beaubien

Read 144 times

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Allopa

wrote...

#1

7 years ago

False
Explanation: The payback method does not discount cash flows.

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