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ruskin ruskin
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Posts: 664
7 years ago
The payback method discounts cash flows prior to the payback date.
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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:  The payback method does not discount cash flows.
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