MCQOPTIONS
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| 1. |
Payback period |
| A. | and economic life of a project are the same. |
| B. | is the length of time over which the earnings on a project equals the investment. |
| C. | is affected by the variation in earnings after the recovery of the investment. |
| D. | all (a), (b) and (c). |
| Answer» C. is affected by the variation in earnings after the recovery of the investment. | |