Question
a.
The longer the pay-back period, the better the project
b.
The shorter the pay-back period, the better the project
c.
The pay-back period is irrelevant to project worthiness
d.
The pay-back period is determined by the average rate of return
Posted under IC 89 Management Accounting
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Q. What principle does the Pay-back Method rely on to determine the worthiness of a project?
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